Allianz Global Investors

Active managers have the freedom to buy and sell holdings during volatility, responding to changing market conditions

Financial markets can be inefficient in the short term, driving share prices away from their true fundamental value. This can create interesting long-term opportunities for disciplined “value” investors that are prepared to challenge consensus beliefs. Here, we take a look at The Merchants Trust, which is managed by Simon Gergel who has been successfully deploying such an approach for more than 30 years…