Small Cap Equity Review & Outlook 3Q 2019: Market Favoring Growth Over Value and Quality
Listen as Portfolio Manager Jordan Irving gives an update on the impact of market dynamics on third quarter performance of Glenmede’s Small Cap Equity Strategy. Jordan discusses historical data showing that in recent similar conditions, small cap value selling has been followed by a reversal. Currently, strong company fundamentals are not being rewarded as the market preference for momentum and growth continues. Despite this trend, the strategy remains true to its mandate and long-term commitment to quality.