Fund and its global counterpart — both of which she manages — have the very specific goal of generating 9% cash return per annum over a full market cycle.
Van Valen's focus on quality dates back much further, to 2005. When the sell-off ensued during the fourth quarter, her US portfolio illustrated how a focus on strong free-cash flow is a viable defense against market drawdowns. It had fully recovered from its losses by March 1 whereas its benchmark, the Russell 1000 Value index, regained its footing more than a month later. Over the past year, her US portfolio has earned an 8.5% total return versus 4.2% for the Russell index.
This differentiated approach means she de-emphasizes many of the commonplace yardsticks that make for attractive investments.
Lol her fund has a mandate to deliver 9% returns per year? What a joke, she will never be heard from again.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »