Darius McDermott: Is this the value run we've been waiting for?

In terms of performance, value investing has only had a couple of brief runs in the past decade - the last of which was in the second half of 2016 - and with central banks abandoning plans to tighten monetary policy earlier this year it seemed unlikely we would see a rally any time soon. But out of nowhere we have seen a bit of a shift towards value in the past couple of months, particularly in the UK, where the MSCI UK Value Index has risen 5.02% since the beginning of September, while MSCI UK Growth has fallen 3.62%. Finding a reason for the short bounce is not easy, other than the ...