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NBIM Discussion Note on the Value Effect

Norges Bank Investment Management (NBIM) has in a discussion note published today reviewed the theory and empirical evidence of the so-called value effect. The value effect is the tendency of value stocks to generate higher returns over time than growth stocks.

5 December 2012

Read the docussion note on Value Effect

The note is part of a series of discussion notes on topics of relevance to the long-term investment strategy of the Government Pension Fund Global.