Value Investing

Portfolio Management
June 2026

Value Stocks: The Cash-Flow Case for a Continuing Comeback

AllianceBernstein

Avi Lavi

Research

11 Pages

AllianceBernstein makes the case that value stocks may still have room to recover after nearly two decades of weakness versus growth.

Read more
Portfolio Management
September 2022

Is Value Just an Interest Rate Bet?

AQR

Cliff Asness

Research

7 Pages

AQR argues the popular idea that value is simply an interest rate trade is mostly wrong.

Read more
Portfolio Management
June 2022

Growth Traps Snap Shut: More portfolio pain to come?

GMO

Ben Inker

Research

5 Pages

GMO explains what growth traps are and why they have been especially painful for investors recently.

Read more
Portfolio Management
September 2021

Dispelling Myths In The Value Vs. Growth Debate

GMO

Ben Inker

Research

11 Pages

GMO examines the value versus growth debate, arguing recent growth leadership does not invalidate long term value investing.

Read more
Portfolio Management
August 2021

Are Value Stocks Cheap For A Fundamental Reason?

AQR

Cliff Asness

Research

8 Pages

AQR Capital Management examines whether value stocks are cheap due to genuinely weaker fundamentals or simply mispricing driven by investor expectations.

Read more
Portfolio Management
May 2021

Spring Has Sprung For Value Investing

Robeco

Matthias Hanauer, Sebastian Schneider

Research

13 Pages

Robeco examines whether value investing is staging a durable comeback after years of underperformance, arguing that improving fundamentals and sentiment may signal a turning point.

Read more
Portfolio Management
April 2021

The Duration of Value and Growth – Much closer to each other than you’d guess

GMO

Ben Inker

Research

9 Pages

GMO explores the duration characteristics of value versus growth stocks, arguing that growth equities behave like long-duration assets while value stocks are shorter duration and more sensitive to near-term cash flows.

Read more
Portfolio Management
March 2021

Value Investing is Dead? No, Long Live Value!

DoubleLine

Emidio Checcone, Brian Ear

Research

21 Pages

DoubleLine Capital examines the case for a potential revival in value investing after a prolonged period of growth dominance. The paper argues that extreme valuation spreads and rising inflation expectations could tilt the playing field, though timing remains uncertain.

Read more
Portfolio Management
February 2021

Russell Growth and Value Indexes: the enduring utility of style

FTSE Russell

Mark Barnes

Research

30 Pages

Russell examines the long standing cycle between growth and value investing, arguing that extreme valuation spreads may signal a potential turning point.

Read more
Portfolio Management
January 2021

Five Reasons To Invest In Value Equities

Prospector Partners

John D. Gillespie

Research

9 Pages

Prospector Partners argues value equities may be poised for a comeback after years of lagging growth, framing the opportunity around valuation dispersion and income potential.

Read more
Portfolio Management
May 2020

Is (Systematic) Value Investing Dead?

AQR

Research

18 Pages

AQR Capital Management challenges the idea that systematic value investing is “dead,” arguing that recent underperformance reflects an unusual disconnect between prices and fundamentals rather than a structural breakdown.

Read more
Portfolio Management
May 2020

Value And Interest Rates: Are Rates To Blame For Value’s Torments?

AQR

Tobias Moskowitz, Thomas Maloney

Research

30 Pages

AQR Capital Management examines whether low interest rates actually explain value investing’s long stretch of underperformance.

Read more
Portfolio Management
February 2020

Value Is In The Eye Of The Beholder

Man Group

Dan Taylor

Research

9 Pages

Man Group explores how traditional value investing struggles in modern markets, arguing that intangible assets and accounting distortions may obscure true company value.

Read more
Portfolio Management
February 2020

The Factor Archives: Value

O’Shaughnessy Asset Management

Jamie Catherwood

Research

10 Pages

O’Shaughnessy Asset Management explores the long history and empirical foundation of value investing, arguing that price remains one of the strongest predictors of future returns.

Read more
Portfolio Management
December 2019

The Presumed End Of The Value Premium

StarCapital Research

Research

8 Pages

StarCapital examines whether the long-standing value premium has structurally disappeared, questioning one of investing’s most durable anomalies.

Read more
Portfolio Management
November 2019

It’s Time For A Venial Value-Timing Sin

AQR

Research

16 Pages

AQR Capital Management examines whether interest rates are responsible for value investing’s prolonged underperformance, ultimately arguing the relationship is weaker and less reliable than many assume.

Read more
Portfolio Management
July 2019

Value Is Dead, Long Live Value

O’Shaughnessy Asset Management

Chris Meredith

Research

20 Pages

O'Shaughnessy Asset Management explores whether value investing’s long stretch of underperformance signals structural decline or a cyclical phase tied to technological change.

Read more
Portfolio Management
July 2019

Risk and Premium – A Tale of Value

GMO

John Pease

Research

13 Pages

GMO analyzes why the value premium has lagged, breaking returns into growth, income, rebalancing, and valuation components.

Read more
Portfolio Management
July 2019

Value Is Dead, Long Live Value

O’Shaughnessy Asset Management

Chris Meredith

Research

20 Pages

O’Shaughnessy Asset Management explores the long history and empirical strength of value investing, arguing that price remains one of the most reliable predictors of future returns despite long periods of underperformance.

Read more
Portfolio Management
May 2019

Systematic Value

Newfound Research

Research

19 Pages

Newfound Research presents a systematic value investing framework designed to reduce specification and timing risk by combining multiple valuation approaches.

Read more
Portfolio Management
May 2019

Value Investing: Bruised by 1000 Cuts

GMO

Rick Friedman

Research

4 Pages

GMO examines why value investing has lagged for over a decade, arguing the weakness reflects multiple cyclical pressures rather than a structural breakdown.

Read more

Join our newsletter to have all of this content
+ Exclusive Newsletter Bonus Content
delivered to your inbox every week

Scroll to Top