Value investing gets a second look
As profit warnings mount, value investing is making a comeback and even growth fund managers are hoping for a piece of the value pie.
Janus International, known mainly as a growth fund manager, is taking a closer look at value investing as corporate earnings slow and stock markets slide. This month it launched its Strategic Value Fund in Hong Kong following its successful launch in the US in February.Janus says the fund is designed to complement rather than replace existing portfolios. Investors who have bulked up on information technology, biotechnology and other growth stocks should add value stocks to their portf…
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