Group's 'survival of the fittest' approach will focus on companies in troubled sectors that have powerful cashflows or that are capital rich
Sarasin has added a fifth theme to its EquiSar Global Theme fund, that of using balance sheet strength and credit quality to select equities. Guy Monson, chief investment officer of the group, said the theme, dubbed the survival of the fittest, focuses on the strongest companies in an injured peer group ' those with powerful cashflows or that are capital rich. The addition of the theme to the £101m fund ' alongside the themes of pricing power, corporate restructuring, e-business and aggressive automation and oil ' comes against a backdrop of what Monson calls an unprecedented credit cr...
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