Research Affiliates expects 16% return from value repricing

New study shows “the engine for value performance is not broken”


A 12-year losing streak has tested investors’ faith in systematic value investing, but giving up on the strategy now would be a huge error, according to Rob Arnott, founder and chairman of Research Affiliates.

Arnott dismissed claims that value investing is broken. Research Affiliates, which specialises in factor investing, has analysed those arguments and found them wanting, he said. The firm believes value stocks in the US are now so cheap that investors should expect a return of at least 16%

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free registration? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here