Of all the investment styles, value Risk and Value, which lagged by a wide margin in August’s flat market, were September’s best-performing styles according to Bank of America's latest Quantitative Profiles report.
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According to the report, Value made a healthy come back in September thanks mostly to the high weighing to financial stocks. Specifically, those stocks with a low price to book value outperformed the benchmark by 6.1% on average thanks to financials exposure. This was the...
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