05 Sep 2019
Why value investing works – in a single chart
By: Nick Kirrage, value equity fund manager at Schroders. Investors unfamiliar with our philosophy may, reasonably enough, be wondering why they should adopt a value approach to investing and, greeted by an initial response of, say, ‘Because over the longer term it works’, might then equally reasonably enquire: ‘So why does it work?’ At which...