I referred you to Research Associates for some free asset allocation advice recently. Well I am going to refer you to them again today as they did an interesting post about some of their research on their site in support of their smart beta products. This was a research note looking at various investment factors like value, quality and momentum etc. and how they have performed. You can read the full post and download a pdf of the paper at the links above. Strangely I note that over the period they studied that value was apparently note significant in the UK.
As you can see from the table above from the report, in summary and in the main only value, momentum and low beta seemed to offer significant returns according to the authors. With this in mind I put together some screens on QuantInvesting & Stockopedia which you can see in the attached files below if that is of interest. You can also read more about the two services by clicking the links above. Note in QI I used volatility whereas in Stocko I used Beta.