The value investor has become something of an endangered species over the last decade, pushed to the side-lines of a market fixated on seeking never-ending growth in areas such as technology. The underperformance of the value investment style has been much discussed, and – barring a relatively short rally this year- mostly painful for deep value investors such as us on the value investment team at Schroders.
The result is a wide chasm in the valuations of the cheapest shares and the most expensive. This has not gone unnoticed. Indeed, one…The Most Overlooked Equity Market In The World Right Now
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