Insights   •   Equities

Assessing the Recent Rally in High-Value, High-Quality, Lower-Risk Stocks

CIO, Active Quantitative Equity

  • The market continued to reward value stocks in March — but shifted to favor high-quality, lower-risk value names.
  • This move was in line with our expectations and reinforced our longstanding preferences among equity-market segments.
  • Based on our multi-dimensional assessment of potential risk and return — which includes value, quality, and sentiment — our most preferred segments remain tech hardware, autos, and health care equipment.