Check out the Pensions & Investments article Perception of value equity’s low risk may not be accurate by Founder, Chairman, and CIO, Stephen Goddard. It explores how the risk of Value investing has changed over the past decade. Historically, Value has had a lower risk profile versus the broad market. In the last decade, however, Value has exhibited higher volatility than the broad market. We explore some of the causes of this change and what may be driving it as well as the prospect for Value going forward.