EM Value Stock Screens Give Conflicting Results
Value strategies are still outperforming in emerging markets, even as heavy interest in cheap stocks has made it hard to find value in more developed markets, but which region offers the best deals depends on which stock screen you look at, though long-short strategies are outperforming long-only and short-only strategies in all EM regions.
Citi analysts' Graham & Rea stock screen Graham and James Rea (Graham's partner in conducting the studies) is up 1.1% this month, with 1.2% gains in . . .
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