Value and growth are second to fundamentals, says MFS

One of the big dilemmas facing fund managers is whether to focus on growth or value stocks in this current volatile and directionless market. However, Anthony Kingsley, an analyst at MFS investments, said his company's approach is to pick the best stocks regardless of whether they are defined by the market as value or growth. 'There are set definitions for value and growth but these are difficult to follow, which is why we prefer a fundamental approach. This allows good returns in both value and growth markets,' he said. The MFS fundamental analysis includes an assessment of a company...