This bulletin is the first in a series aimed at asset managers with fundamental processes. Here, we look at the momentum characteristics of deep value managers and highlight the importance of monitoring momentum tilts at the portfolio level. Value investing has been around for years and it is one of the most common investment themes around the world. Although this paper uses US based value managers for illustration, the concepts should appeal broadly to value managers around the globe.
Publication: MSCI Barra Research Bulletin
Authors: BANERJEE Arnab, BENDER Jennifer
