The ‘CIA’ strategy beating the market: How one top-performing money manager spots mispriced stocks

Sebastien Mallet, portfolio manager of the T. Rowe Price Global Value Equity Fund, is approaching the strongest one-year performance of his tenure, according to the source report. His approach is built around what he describes as a "CIA" framework — a structured way of evaluating whether a stock's market price diverges from what the underlying business appears to be worth.

For markets, the relevance lies less in the acronym than in what it signals about the current environment. When a value-oriented manager outperforms, it often reflects a market that has begun rewarding valuation discipline and company-specific fundamentals rather than broad momentum. That can indicate a shift in where returns are being generated across global equities.

What to watch is whether this style of stock selection continues to add value if leadership rotates further toward cheaper, out-of-favour names. Investors may also look at how the fund's positioning evolves, since disclosed holdings reflect decisions made at a point in time and can change. Past performance, as always, does not guarantee future results.