Spring has sprung for Value investing

Robeco
By June 1, 2021 15:48

Spring has sprung for Value investing

After ‘a lost decade’ of tepid performance, the Value factor has begun to stage a comeback, following the announcement of successful Pfizer-BioNTech Covid-19 vaccine candidate results on 9 November 2020. Despite the recent rally and reversal of fortunes, spreads in valuation multiples between growth and value stocks remain high compared to their historical levels. This leads us to believe that the Value upswing still has a way to go. But there are …

Robeco
By June 1, 2021 15:48

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