American Century Investments Blog

CIO Insights: The Four Basic Food Groups of Equity Investing [ 8:41 ] Play Now | Play in Popup | Download (34)

Scott Wittman, CFA, CAIA, Chief Investment Officer, Asset Allocation & Quantitative Equity

As objective, disciplined, systematic investment managers, we view investing first and foremost as a science, in contrast to fundamental managers, who could be said to see investing as more of an art. The science of stock selection typically relies on a stock-ranking model incorporating a variety of stock attributes. In our disciplines, the factors in our stock-selection model fall into four categories: value, momentum, growth, and quality. Continue reading →

CIO Insights: A Look Under the Value Stock Hood [ 8:29 ] Play Now | Play in Popup | Download (63)

Phillip N. Davidson, CFA, Chief Investment Officer U.S. Value Equity

Every now and then it is critical to look under the hood to ensure that our value investing vehicle continues to run at optimum performance. We have spent many years establishing a fundamental, repeatable process that incorporates various valuation metrics that are tapped into meaningful financial variables. Our repeatable investment process—consistently applied over time—can help us differentiate the stocks that are likely to recover (of a transitory, cyclical nature) from those that will likely continue waning (of a secular nature). So, it begs the question, what does a value stock look like these days? Continue reading →

CIO Insights: Declining Population Means Japan Has to Do More with Less [ 9:17 ] Play Now | Play in Popup | Download (79)

Mark Kopinski, Chief Investment Officer, Global and Non-U.S. Equity

As Japan’s new government tries to inflate its way out of ongoing economic stagnation amid an aging and declining population, it must confront some significant challenges, including soaring debt, steadily increasing retirement and health care obligations, and a shrinking tax base. Continue reading →