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Article

Optimizing Value

Ran Leshem, Lisa R. Goldberg and Alan Cummings
The Journal of Portfolio Management Winter 2016, 42 (2) 77-89; DOI: https://doi.org/10.3905/jpm.2016.42.2.077
Ran Leshem
is chief investment officer at Aperio Group in Sausalito, CA.
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  • For correspondence: rleshem@aperiogroup.com
Lisa R. Goldberg
is director of research at Aperio Group in Sausalito, CA, and adjunct professor of economics and statistics at the University of California, Berkeley in Berkeley, CA.
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  • For correspondence: lgoldberg@aperiogroup.com
Alan Cummings
is chief systems architect at Aperio Group in Sausalito, CA.
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  • For correspondence: acummings@aperiogroup.com
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Article Information

vol. 42 no. 2 77-89
DOI 
https://doi.org/10.3905/jpm.2016.42.2.077

Published By 
Pageant Media Ltd
Print ISSN 
0095-4918
Online ISSN 
2168-8656
History 
  • Published online January 31, 2016.

Copyright & Usage 
© 2016 Pageant Media Ltd

Author Information

  1. Ran Leshem
    1. is chief investment officer at Aperio Group in Sausalito, CA. (rleshem{at}aperiogroup.com)
  2. Lisa R. Goldberg
    1. is director of research at Aperio Group in Sausalito, CA, and adjunct professor of economics and statistics at the University of California, Berkeley in Berkeley, CA. (lgoldberg{at}aperiogroup.com)
  3. Alan Cummings
    1. is chief systems architect at Aperio Group in Sausalito, CA. (acummings{at}aperiogroup.com)
  1. To order reprints of this article, please contact Dewey Palmieri at dpalmieri{at}iijournals.com or 212-224-3675.
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The Journal of Portfolio Management: 42 (2)
The Journal of Portfolio Management
Vol. 42, Issue 2
Winter 2016
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Optimizing Value
Ran Leshem, Lisa R. Goldberg, Alan Cummings
The Journal of Portfolio Management Jan 2016, 42 (2) 77-89; DOI: 10.3905/jpm.2016.42.2.077

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Optimizing Value
Ran Leshem, Lisa R. Goldberg, Alan Cummings
The Journal of Portfolio Management Jan 2016, 42 (2) 77-89; DOI: 10.3905/jpm.2016.42.2.077
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  • Article
    • Abstract
    • WHAT DRIVES THE VALUE PREMIUM?
    • EARNINGS-TO-PRICE VERSUS BOOK- TO-PRICE: AN ACADEMIC PERSPECTIVE
    • IMPLEMENTATION OF VALUE STRATEGIES: A PRACTITIONER PERSPECTIVE
    • FACTOR-BASED OPTIMIZATION APPROACH: RISK-CONTROLLED VALUE STRATEGIES
    • FINDING VALUE WITHIN SECTORS
    • CONCLUSION
    • ENDNOTES
    • REFERENCES
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  • PDF (Subscribers Only)

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