RBS launches enhanced value index in Europe and US

Royal Bank of Scotland (RBS) has launched the Gotham Enhanced Value Index Series globally, on the heels of its rollout in Asia at the end of 2009. The indexes have been developed in partnership with Joel Greenblatt, managing partner of Gotham Capital International, which ran a fund for a decade based on the principles of the index.

The strategy is to spot good-quality companies that are undervalued by the stock market. Gotham Capital runs a database that calculates which companies have a high re

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