Value’s Lost Decade
May 6, 2022
After more than a decade of unattractive performance and “neglect,” value strategies became a favorite in 2021 and remained so in early 2022. We saw a rotation from growth to value, and value investments posted some long-awaited outperformance.
In “Value’s Lost Decade,” we dig into the performance of value strategies over the past two contrasting decades to understand what affected performance and what caused the prolonged period of value’s underperformance, especially in the latest 10 years.
A tale of two decades of value performance