WHERE HAS THE VALUE PREMIUM GONE?

Summary In global developed equity markets, Growth has outperformed Value for a protracted period. Growth is now trading at a historically high price level relative to Value. Much of the recent outperformance of Growth vs Value is due to the change in the valuation spread between Growth and Value. When Growth last traded at this […]

OVERSIGHT IS OVERDUE !

The repercussions of the Woodford debacle continue to be keeping the press boys and girls very busy and whilst I despise some of the comments that are both inflammatory and far too personal, the truth around the procedures undertaken by Woodford continues to throw up editorial gold. The damage done to the industry both for Asset Management […]