By Pascal Dowling Value investing will be the trend for the early part of 2001 as the cooling econo...
By Pascal Dowling Value investing will be the trend for the early part of 2001 as the cooling economic climate puts a stop to investor focus on high-octane growth stocks, according to fund manager Nigel Lanning. Lanning, manager of the Dresdner RCM Merchants Trust, said inflation is unlikely to get any lower, but he does believe interest rates will be cut to a substantial extent. He believes this could herald a new climate of investor interest in non-growth and old economy stocks. Negative investor sentiment over the volatility of growth stocks has, Lanning believes, turned investor sent...
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