Many investors have concluded too quickly that value investing has underperformed in recent years, according to Andreas Wosol, head of value at Amundi.
"It's too simple to say that value as a style didn't perform," he says to AMWatch. "Certain definitions of value didn't perform and funds that are too close to the price-driven definition of value haven't performed because they had high exposure to financials and other sectors where there is a relative cheapness rather than an intrinsic cheapness."
Already a subscriber? Log in.
Read the whole article
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for AMWatch has now started
With your free trial you get:
Full access to all locked articles on AMWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.