…contemplating a return. For the ten years ending in March, the article states, the fund has gained an average of 4.7% per year. “Investors still see value in equities, but…
Search Results for: value
Factor Investing Can Keep Active Management Relevant
…the past several decades showing that certain factors can help securities outperform; market, low volatility, value, size, momentum, term and credit. “Studies show that factor exposure is responsible for the…
Small-Cap Picks for the Long-Term
…small-cap companies might be pushed out to 2018, but “there could still be relative value to be realized.” The prudent investor, however, will evaluate these stocks on a case-by-case basis,…
Ritholtz Says Stock-Picking is Still Alive if Not Kicking
…suggest that much of active investing performance is attributable to factor-based strategies (picking stocks based on things like market cap, profitability, value, etc.), but index investing offers a cheaper way…
Book Value - A Buffett Favorite, But Far From Perfect
Article Summary Warren Buffett reports Berkshire’s book value in Berkshire’s Annual Letter, but Buffett admits it is not perfect in determining the value of a firm. The price-to-book ratio is…
European Stocks Look Appealing Compared to U.S. Shares
…on price-book value.” Overseas equity funds, however, are not experiencing large inflows according to data provider EFPR—a mere $245 million compared to $32 billion for U.S. stocks. Political uncertainty may…
Asness versus Arnott: The Factor Timing Debate Continues
…in Institutional Investor. Asness’ issue, the article says, is with Arnott’s contention that risk premia factors such as value, momentum, growth and volatility have become “overvalued as a result of…
Simple is Smart in Smart-Beta Investing
…effect was first identified some decades ago.” Value: “Conspicuously poor” since the financial crisis, but “continues to show up, although not universally.” Income: This factor has performed well since 2000,…
Greenblatt Blends Active and Passive Strategies in New Fund
…active management strategies by tracking the S&P 500 and using it, the article says, as an “overlay strategy to build a long/short exposure based on Gotham’s value models.” The article…
It Might Be Time to Cool Off on Value Stocks
…research report by strategists at Sanford Bernstein & Co. that says, “Sentiment towards value stocks has reached levels rarely seen before, with analysts upgrading value names faster than they have…