Further reading: is value investing due to rebound?

Further reading: is value investing due to rebound?

Value stocks have been a natural beneficiary of the optimism pervading equity markets over the past two months. The sharp post-pandemic rally in global markets shows that investors are betting increasingly on an economic recovery. As the IC’s Algy Hall recently pointed out, this approach – based on the average performance of strategies backing the cheapest fifth of FTSE All-Share stocks – returned 32.2 per cent during the three months to 24 June, according to S&P Capital IQ data, above that of quality, growth and momentum strategies.

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