Pru seeks US value

The schism between growth and value which has overshadowed the market for the past four years is unlikely to be as marked again, according to Richard Brody the manager of the Prudential North American fund for almost 10 years. Brody, with Prudential since 1992, operates with a value style bias, something visible in his track record. Although the fund's three-year numbers display the impact the technology bubble had on value funds, the last two years have seen consistent top quartile performance with below average beta from Brody and his team. Over the three years to the 12 April, the fu...