Think outside the 'black box' says F&C

While investment strategies based on technical analysis of stock and market price movements are nothing new, F&C UK Dynamic fund manager Makis Kaketsis believes the extent to which these techniques can influence markets on a particular day has increased dramatically in recent years. “There has been a steady revolution in the nature of market participants over the last decade, away from investors who focus on fundamental factors such as the quality of company management or the credibility of its strategy and in favour of models that are predicated on concepts such as mean reversion and co-i...