Goldman Sachs Mulls the Death of Value Investing

Goldman Sachs recently published a report on the continued underperformance of the "value factor" as pioneered by Eugene Fama and Kenneth French.

 

Goldman Sachs Mulls the Death of Value Investing

“The fundamental backdrop for value returns has been especially unfriendly in recent years, but these conditions are unlikely to persist (and are already moderating),” a Goldman Sachs team led by equity strategist Ben Snider, wrote late yesterday in note to clients. “Nonetheless, the maturity of the current economic cycle suggests value returns will remain subdued in the near term.”

You can also find more charts at Valuewalk: Goldman Sachs: Value Investing Is Dead