James Klempster: Are we waiting for a value fightback?

clock • 5 min read

With growth companies on 4% outperformance per year since 2014, James Klempster looks at how value companies are fighting back...

The relative performance of ‘value' companies over ‘growth' companies has become a hot topic. The outperformance of growth companies has been extreme with a 4% per year outperformance of growth versus value since 2014. This has left valuations of many of the fastest-growing companies looking stretched. Value has made something of a fightback since September, but it is early days to call a revival.  Since the global financial crisis, a number of factors - notably inherent caution and low interest rates - have conspired to push investors to seek out companies that offer very high and visib...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Four reasons why direct engagement can still make a difference

Four reasons why direct engagement can still make a difference

'Quantitative data arguably tells only half the story'

Simon Wood
clock 05 March 2026 • 4 min read
Darius McDermott: Is income under pressure?

Darius McDermott: Is income under pressure?

‘The period of abundant income is ebbing'

Darius McDermott
clock 04 March 2026 • 5 min read
Investors told 'hold your nerve' as Iran strikes drive volatility

Investors told 'hold your nerve' as Iran strikes drive volatility

Ongoing conflict impact

Linus Uhlig
clock 02 March 2026 • 3 min read