Pzena: Value vs. Value-Light – Why Investors Are Leaving Returns on the Table (opens in new tab)

In their latest article, the team at Pzena Asset Management notes that investors often claim allegiance to value investing, yet their portfolios tell a different story. As makes clear, “Many investors opt for ‘value-light’ strategies that sacrifice key value principles.” That compromise may feel comfortable, but it introduces a structural ... Read More