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Fund Focus: Causeway International Value Fund: (CIVVX)
FYI: When many equity markets around the world are at or near their all-time highs, hunting for value stocks is like shopping for bargains at Tiffany’s. “In this environment, stocks that exhibit value characteristics were left behind and missed the rising market tide for a variety of reasons,” observes Harry Hartford, co-manager of the $7.5 billion Causeway International Value Fund (his co-manager is Sarah Ketterer) and president of Los Angeles-based Causeway Capital. “So it’s inevitable,” he says, “that we will find a shrinking number of mispriced securities we feel comfortable owning.” Regards, Ted https://www.fa-mag.com/news/searching-for-value-in-a-pricey-world-36372.html?print
