Summary
WE ARE, declares Investec fund manager Alastair Mundy, in the year of the cross-dresser. As "growth" stocks prove good value for money, compared to traditional "value" stocks, some of the best value managers in the world are taking a different tack.
They are moving towards areas such as media and pharmaceuticals - sectors in which they would not typically invest.See the full content of this document
Extract
A Big Decision - Is It Growth or Value?
"The value boys are looking at the growth sector and saying: there's fantastic value in there," says Alan Steel, chairman of Linlithgow-based Alan Steel Asset Management.
Admittedly, these two camps - value and growth - are not always clear-cut."It's always a bit of a grey area what sits in value and what si...See the full content of this document
Sponsored links
