Katherine Garrett-Cox has dropped 90 stocks from the Aberdeen North America fund and added in 24 n...
Katherine Garrett-Cox has dropped 90 stocks from the Aberdeen North America fund and added in 24 new names, within her first two weeks of heading up the fund. This has tightened the portfolio from 124 holdings to 58 and has switched the bias to favour mid-cap stocks and technology. The reshaping follows Garrett-Cox's announcement in Investment Week on 11 September that she intended to remodel the portfolio along the lines of the successful Hill Samuel American Growth Fund which she and her team of Alex Ingham, Steve Cairncross, Rupert Howard and Rupert Della-Porta ran from 1993. Investo...
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