Investment style: value versus growth

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Simon Brooks, principal fund manager, multi-manager & fund selection at LVAM, explores the pros and cons of two differing investment strategies

When constructing and reviewing their portfolios, apart from assessing potential returns, investors will try to control the perceived risks, usually trying to manage these higher or lower. Often this means weighting the portfolio towards a particular asset type, geographical region or market cap risk. The more advanced investor may also consider style, which can broadly be classified into five main groups; value, growth, momentum, pragmatic and passive. Value and growth Two of these styles, value and growth, have received particular attention of late. Value investors, such as Warren...

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