Pzena Global Focused Value Fund

Pzena Investment Management has launched the Pzena Global Focused Value Fund to Australian investors.

The fund will invest in a concentrated equity portfolio (40 to 60 stocks) of deeply undervalued companies. It will be benchmarked to the MSCI All Country World Index and is available to institutional and retail investors.

“In launching the fund at this time, Pzena recognises the very wide valuation dispersion between the cheapest and most expensive stocks in global stockmarkets today. The extreme levels of undervaluation of value stocks provides a rich environment to invest in a portfolio of outstanding companies trading at depressed valuations," Pzena founder, managing principal, and co-chief investment officer, Richard Pzena, said.

Pzena Investment Management Pzena Global Focused Value Fund Launched on 03 February 2020 Designed for wholesale, institutional and retail investors. Find out more This report is informational only in nature. Industry Moves neither recommends nor endorses this product/service.