Pzena Investment Management is a global investment management firm that employs a classic value investment approach...

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Return on equity has been the main driver of returns in emerging markets. With ROE's declining, today's environment favors stock selection where pessimism is already reflected in valuations.

Read: Our First-Quarter Commentary

 

Drilling Deep for Value. An interview by Barron's

Click here for Barron's August 30, 2014 article featuring Rich Pzena

 

Smart Investing: There Is Nothing Passive About It

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A tough environment never causes real value investors to waver. Disciplined, fact based analysis sows the seeds of significant future outperformance...

See our thoughts: Articles from past market cycles