Successful value investing requires that you both identify undervalued companies that the market has chosen to dismiss, and then continue to hold them until the market adjusts its thinking.
By definition, this can mean extended periods where you have to wait for an investment to perform. However, if you are correct, the long-term rewards can be significant. The critical question to ask...
Reducing volatility and maximising returns
Record organic asset growth
Global economic cycle is among the longest in history
Fixed income manager takes a more cautious approach
Duff & Phelps IM selected for real estate vehicle