Avoid stock picking to 'limit human biases' - Miton's Rayner

Buying in baskets

Victoria McKeever
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Anthony Rayner: "Thematic ideas are by definition longer-term trends but that's relevant because they're unrelated and insensitive to economic cycles."
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Anthony Rayner: "Thematic ideas are by definition longer-term trends but that's relevant because they're unrelated and insensitive to economic cycles."

Buying baskets of stocks instead of taking a 'stock picking' approach limits the potential for human biases to creep into the investment process, Miton multi-asset co-manager Anthony Rayner has said.

"We buy baskets - we're not stock pickers - we don't visit companies, a lot of our competitors do," said Rayner (pictured). He said that when he and fellow co-manager David Jane used to work at M&G,...

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