ECP | Luxemburg, 22.05.2020 Value investing and Covid-19 crisis did not mix well. Value has indeed been underperforming growth going into the market correction this year, continued to underperform during the crisis and still underperformed in the subsequent rebound. This is summarized in the below graph from JPMorgan. Fortunately enough, investing is not about looking into the rear mirror. And here we remain convinced that the odds of an imminent rebound of value stocks are increasing.
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