Name that theme

European and offshore funds typically align themselves to meet their stated investment objectives through defined strategies based around a specific geographical focus ' the fund will primarily concentrate on a single region or country. This allows the fund manager to concentrate their experience into one geographical area of investment in which they can develop and maintain in-depth knowledge and understanding ' aiding stock-picking ability while not necessarily limiting themselves to a single industry. The key advantage of this approach is that it embraces simplicity. Peer groups ar...