Value manager

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Value manager

A manager who seeks to buy stocks that are at a discount to their "fair value" and to sell them at or in excess of that value. Often a value stock is one with a low price-to-book value ratio. Opposite of to growth stock.

Value Manager

A money manager who uses value investing, which is a strategy that seeks securities thought to be undervalued. A value manager may do this in a variety of ways, but two of the most popular are finding companies with low P/E ratios or low price-to-book ratios. In both cases, the stock price for a company is lower than its earnings per share or its asset value per share. These companies are thought to have high profit potential. Value managers disagree on the tools for value investing, but most use some form of fundamental analysis and look for companies with an underlying value of more than its price. See also: Buy and Hold.
References in periodicals archive ?
The Integration of Sustainability Within Value Management Practices: A Study of Experienced Value Managers in the GCC Countries, Project Management Journal, 41: 50-59.
One of the great value managers, Seth Klarman of Baupost, puts it this way: " To T assume the investment opportunity sets.
Relative value managers also contributed in aggregate a small net
Indeed, value managers are seizing the day with a few names among the most pummeled sectors this year.
In practice, most value managers will continue to overemphasize certain industries associated with value, but not to the extent that would occur if one compared the valuations of all companies without regard to what industry they are in.
Creative value managers are most effective in analyzing which of these approaches (or combinations thereof) will deliver the highest EVA, given their competitive and operational challenge.
MILWAUKEE -- 1492 Capital Management's Small Cap Value managers Rodney Hathaway and Adam France were recognized for consistent outperformance with low volatility relative to the benchmark.
Lyrical Asset Management was named one of the top value managers in 2009 by Pensions & Investments.
The difference in projections and values probably lies in the fact that we are not "deep" value managers that focus just on a stock's worth, but that we often take positions in companies with sizeable growth projections in the future.
The team at van Biema Value Partners strongly believes in providing clients with access to talented value managers who may otherwise be difficult for investors to identify and evaluate independently.
Many value managers are wary of investing in depressed stocks without any visible prospects for a turnaround, says Amy Arnott, an equity analyst at Morningstar.