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Perkins IM talks US value stocks after negative S&P move

Large-cap US stocks offer the best value, despite the US being put on negative outlook by rating agency Standard & Poor's for the first time, says the CEO of Perkins Investment Management.
Perkins IM talks US value stocks after negative S&P move
Chicago-based Perkins Investment Management, which focuses on US value investing, is not a household name in the US let alone Asia, as the firm’s management is the first to admit. The $20 billion manager has been around for 30 years but is "largely an untold story" in Asia. So chief executive Peter Thompson felt it was time to spread the word. He was in the region earlier this month meeting institutional investors, investment consultants and decision-makers at intermediaries. Th…
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