Sarasin declares 2002 the year of focused investor

Sarasin House, the investment boutique, believes that 2002 will be the year of the focused investor, but will also provide a headache for investment strategists as few investors active today have seen similar market conditions. Guy Monson, chief investment officer at the group, known among intermediaries for its range of thematic and offshore funds, said: 'Even the recession from which we are now emerging appears unique; it may have been one of the mildest in economic terms, but its effect on corporate profits was one of the most severe ever recorded.' If the hypothesis of many economis...