Partners In Investing

Value, especially U.S. Deep Value, remains attractive and is positioned to win – even if it remains cheap.

The quarter started well, but by the end of September had proved to be another ugly quarter for traditional investments. Read the Asset Allocation team’s third quarter market review and outlook.

We believe long-term and short-term opportunities in quality small cap equity are finally aligned.

As we enter the fourth quarter of 2022, our valuation metrics for emerging debt are more compelling than they were at the beginning of the quarter.

In this webcast, Tom Hancock discussed how the Quality portfolio has fared so far in 2022, highlighting areas of opportunity and other relevant topics.

In 2020 we proposed the sovereign coco bond, designed to offer financial flexibility to get a country through a crisis without a default. Our idea would be useful today for a country like Pakistan.

While value has repriced meaningfully relative to Growth, there remains an extreme valuation dislocation that we believe is likely to continue to unwind.

Rising rates hurt growth stocks, but much less than one might think. As a result, 2022 has presented an opportunity for value investors to take a fresh look at Quality growth companies.