Value has and continues to be a cornerstone of equity investment discipline and the uncovering of mispricing that is central to active management. Now, in a market captivated by growth narratives and the allure of quality, investors are risking imbalance and volatility in their core global equities allocations. Investors should challenge what value means in today’s evolving market and think pragmatically about how value co-exists alongside other accretive factors, thereby uncovering opportunities that challenge the traditional definition. If they get it right, a greater focus...