Growing up is hard to do

Growth has been a dirty word in investment since the start of the bear market in 2000. Growth funds - often stuffed with technology stocks - saw some eye-watering losses and advisers and investors have avoided them ever since. In the UK nowadays there are few managers left who will admit to being pure growth, with many hiding behind the moniker of GARP (growth at a reasonable price). But there have been whisperings that some of the traditional 'growth' sectors are starting to look attractive again. Could growth be coming back into vogue? And are the terms 'growth' and 'value' still valid? ...