April HYBRID Meeting - FPA of the East Bay
(925) 778-1165 eastbayfpa@gmail.com

Date(s) - April 6, 2022
11:30 am - 1:00 pm


“How Will Value Survive?”

Speaker: Joshua Feuerman, CFA, Global Equity Strategist; JP Morgan Asset Management

Value has been gasping for air for years, as Growth has triumphed mightily. In 2021 Value large caps lagged Growth yet again, for the 5th year in a row. In today’s market, often we can’t easily tell if a stock is value or growth. In fact, more than 25% of the Russell 1000 names fall into both the Russell 1000 Value and Growth Indexes. The lines have blurred among sectors and valuations, with inexpensive tech stocks (“growth”) and pricey REITs (“value”).
A market participant for over 35 years, Josh Feuerman will examine possible future experiences for value investors, and the impact of sector, valuation, and sentiment that will shape the outcome of Value allocations.

Joshua Feuerman, CFA, managing director, is a Global Equity Strategist at JP Morgan. Josh joined the firm in 2012 from Foundation Capital Partners where he served as Chief Risk Officer. Previously, Josh ran his own investment firm, Btn Partners, where he managed a quantitative market neutral hedge fund. Prior to founding Btn Partners, Josh was Vice Chairman of the Investment Committee and Head of Global Quantitative Equities at Deutsche Asset Management. Josh was also Head of Active International Equities at State Street Global Advisors in Boston and an adjunct lecturer in the Finance Department at Pace University. Josh holds an A.B. in Economics and Romance Languages from Bowdoin College and an M.B.A. in Finance from the University of Chicago Graduate School of Business.