Pzena Investment Management

A punishing, indiscriminate sell-off has left opportunities lying on the floor. After a 13-year “anti-value phase”, the style is coming back into style.

According to Pzena Investment Management, the value cycle is now truly under way – and shows no signs of slowing.   New York-based Pzena Investment Management began to track the value rotation in late 2020, with its analysis research showing that deep value stocks have outperformed by around 37.4 per cent since. But the question…

Investors are focusing too heavily on the transition to renewables and aren’t seeing the catastrophic implications of a short fall in oil supply, according to Pzena Investment Management. In recent times, a number of institutional investors have made waves by announcing sweeping divestments from fossil fuels like oil and thermal coal. But investors are pricing…

Whether or not we are witnessing the early stage of an end to the longest drought for value managers in history, history tells us that when the rains come, it will be a deluge. Recessions and their aftermath are particularly good for value managers. At a client webinar organised by global value manager Pzena Investment…