A deep-value quantitative hedge fund strategy
from Morningstar ETFInvestor
ValueShares US Quantitative Value (QVAL) has an unusual history. Its creator, Drexel University finance professor Wesley Gray, began his career as a money manager while studying for his PhD at the University of Chicago under Eugene Fama. Friends and family gave Gray around $3 million to run in a systematic value strategy. Gray also wrote the Empirical Finance Research blog. Eventually, he began providing free stock screeners based on academic research.
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