Value vs. Glamour: Emerging Markets
8 Pages Posted: 18 Dec 2015
Date Written: April 1, 2013
According to the International Monetary Fund, emerging markets now represent more than a third of global GDP — and are expected to grow at a faster rate than advanced economies. With such explosive growth, investors often assume that an investment strategy focused on growth would yield better results. Yet, the results from the Brandes Institute’s Value vs. Glamour: A Global Phenomenon study shows a strong evidence of a value premium in developing countries.
Keywords: value investing, emerging markets, value stocks, value premium, MSCI, price volatility
JEL Classification: G10, G11, G20, G22, G23, G14, G30, G31, G15
Suggested Citation: Suggested Citation