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Vinvesting.com is the leading website for value investors where you can get the latest investment ideas, insights and interviews from great investors like Warren Buffett, Templeton etc. Over the last 70 years, value stocks clocked a 13.4% average annual return, vs. 10.2% for growth stocks, according to Ibbotson Associates. |
Richard Pzena
By admin - Posted on June 30th, 2008
Tagged: Pzena Investment Management prides itself on spotting good value, but its reputation is at stake after a negative performance across its strategies. Its funds have reported a substantial dip in performance over the year to the end of May, according to its website.
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Pzena Investment Management prides itself on spotting good value, but its reputation is at stake after a negative performance across its strategies. Its funds have reported a substantial dip in performance over the year to the end of May, according to its website.
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By admin - Posted on April 24th, 2008
Tagged: When it comes to value investing or buying out-of-favor stocks, patience is a virtue. These days few are more virtuous than Richard Pzena, Chairman of Pzena Investment Management, a $20 billion assets money management company whose New York Stock Exchange listed shares are down more than 38% in the last 12 months.
When it comes to value investing or buying out-of-favor stocks, patience is a virtue. These days few are more virtuous than Richard Pzena, Chairman of Pzena Investment Management, a $20 billion assets money management company whose New York Stock Exchange listed shares are down more than 38% in the last 12 months.
By admin - Posted on January 4th, 2008
Tagged: IT'S BEEN A DREADFUL YEAR FOR NOTED VALUE MANAGER Rich Pzena, whose funds lost money in 2007, while shares of his newly public management company sank to 12 from more than 22. Blame it in part on the manager's fondness for financial stocks, which had an even more dismal year -- and which account for 40% of Pzena Investment Management's assets. Then there's a shareholder lawsuit, charging Pzena failed to disclose outflows from the John Hancock Classic Value Fund (PZFVX), which he also manages, when the firm went public. Pzena says the suit has no merit.
IT'S BEEN A DREADFUL YEAR FOR NOTED VALUE MANAGER Rich Pzena, whose funds lost money in 2007, while shares of his newly public management company sank to 12 from more than 22. Blame it in part on the manager's fondness for financial stocks, which had an even more dismal year -- and which account for 40% of Pzena Investment Management's assets. Then there's a shareholder lawsuit, charging Pzena failed to disclose outflows from the John Hancock Classic Value Fund (PZFVX), which he also manages, when the firm went public. Pzena says the suit has no merit.
By admin - Posted on October 10th, 2007
Tagged: Columbia Investment Management Association (CMIA) recently had the opportunity to sit with Rich Pzena, head of Pzena Investment Management. Founded in 1996 after heading the US Equities group at Sanford C. Bernstein, Pzena Investment Management’s Value fund has compiled an annualized compounded return of 16.3% since inception, compared to a compounded annualized return of 9.3% for the S&P 500.
Columbia Investment Management Association (CMIA) recently had the opportunity to sit with Rich Pzena, head of Pzena Investment Management. Founded in 1996 after heading the US Equities group at Sanford C. Bernstein, Pzena Investment Management’s Value fund has compiled an annualized compounded return of 16.3% since inception, compared to a compounded annualized return of 9.3% for the S&P 500.
