Value investing is working again

In the UK and Europe value stocks have been beating growth across all elements of the market cap spectrum since the Covid vaccination breakthroughs in November 2020 – a clear turning point for equity markets. In the US, growth is outperforming but this is largely down to the Magnificent Seven – but these could be the ‘last shoe to drop’. Here, Ian Lance, Portfolio Manager, Redwheel Value & Income explores the tailwinds for value investors that may last for many years into the future. Read on.