In the Margins
Value investors who manage funds that focus on stocks in emerging markets that look cheap based on metrics like price-to-earnings ratios are outperforming this year. Heading into 2016, value investors trailed growth emerging market investors in four of the past five years. But this year, value funds in emerging markets are up 20%, beating the 15.5% gain in the broad emerging market index, according to Morningstar. Read the original story from The Wall Street Journal.
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