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Quantitative U.S. Large Cap Growth Equity Strategy Q1 2020 Review & Outlook: Valuations Marked by Extremes

April 15, 2020

The market moved to extremes in the first quarter, as investors reacted to an ongoing flow of unsettling news. Relative valuation spreads between growth and value stocks were at, or near, their highest levels since 1993, and the S&P 500 reached higher levels of concentration. Quantitative Equity Portfolio Manager Alex Atanasiu, CFA,  discusses the performance of the Glenmede Quantitative U.S. Large Cap Growth Equity Strategy in this environment while also providing perspective on historical periods of market declines.