Elsewhere,
Al Jazeera reports that head of the UK genetic surveillance programme
Sharon Peacock has warned that the B.1.1.7 variant which was first recorded in Kent in September is likely to “sweep the world” and become the most dominant global strain of the virus.
PS: In arts news, the Adelaide Fringe festival has been left scrambling ahead of its February 19 start date,
The Guardian reports, after South Australia shut its border to Melbourne residents.
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Why value investing is back in vogue
Equity strategists all around the world are telling investors to shift from growth and momentum to the value investment style. One leading fundie explains why value investing is back.
Dec 12, 2020 – 12.00am
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When the latest performance rankings of equity fund managers are released next week, one group of fundies will stand out because of their extraordinary returns in November.
The value managers, who have been out of favour and poor performers for several years, will be the stars in the regular monthly Mercer Investment Survey.
It is believed some fundies will have a November return in excess of 20 per cent, double the 10 per cent return from the typical benchmark - the S&P/ASX 300 Accumulation Index.