Content Library

Oil and gas companies can continue to thrive as the world moves toward decarbonization and the expansion of renewables.

Value is finally starting to outperform, with deep value leading the way. But the opportunity is far from behind us.

At current valuations, banks in the emerging world present compellingly asymmetric investment opportunities.

Conventional wisdom says technological innovation hurts existing franchises. Yet strong incumbents adapt.

Another potential catalyst for the shift from growth to value: (Irrationally) exuberant growth expectations revert to normal.

If interest rates stop falling (even if they don't rise), we believe multiple expansion for growth stocks will end.

Value stocks have historically outperformed on average both during and subsequent to a recession.

Consider these four possible catalysts that could already be signaling a shift from growth to value.

Small cap stocks are cheap; small cap value is even cheaper.

How should we measure risk? We question short-term volatility as a proxy for long-term risk.

Against the volatile backdrop of today’s economic environment, bank stocks stand out.

Difficult market environments = fuel for value investors.

History suggests that in times of uncertainty, investing in undervalued companies pays off long term.

Extreme volatility has historically been conducive to small cap value outperformance.

Rich Pzena discusses the difference between the value factor and value investing as a philosophy.

Valuation spreads between the cheapest and most expensive stocks are at or near all-time highs.

Following each of the last five bear markets, value stocks outperformed one year from the trough.

In the midst of heightened investor fears, it's helpful to examine the historical context of recoveries.

A valuation-based approach has worked better in emerging markets than the developed world.