Why Quality Underperformed in 2025 — And Why History Suggests a Reversal
Why Quality Underperformed in 2025 (And Why We Think History Suggests a Reversal) It was a tough year for active managers who invest in quality companies. Not just for us at Riverwater, but across the board. According to Furey Research Partners, growth, core, and value managers all underperformed in 2025. Among core managers, only 16%…