Death of Value? ETFs Show Strategy Favored Over GrowthBy
While Goldman Sachs Group Inc. is mulling whether the strategy of buying cheap companies is about to die out amid another year of lackluster performance, a look at exchange-traded funds shows the style is far from being out of fashion. ETFs targeting value shares have attracted almost $10 billion of fresh money this year, almost double the rate for growth funds. At $106 billion, their assets are also bigger.