Quality as an investing style has outperformed significantly in recent years, and over the past 12 months especially so. After this kind of outperformance, it is natural to ask whether a trend is over-done and profits should be taken – and that is what we have done. When analysing the typical quality benchmarks, it quickly becomes apparent that these indices have significant industry and sector exposures, which could affect how they perform in the future and put them at risk of a down period. Bu ....
28 Aug 2019
Quality street: can the dominant style continue to outperform?
Quality street: can the dominant style continue to outperform?
Finsbury Growth & Income Trust PLC (FGT:LON), 860 | JPMorgan US Smaller Companies Investment Trust PLC GBP (JUSC:LON), 404 | Scottish Oriental Smaller Companies Trust PLC (SST:LON), 0 | abrdn New India Investment Trust plc GBP (ANII:LON), 653 | Asia Dragon Trust PLC (DGN:LON), 348
- Published:
28 Aug 2019 -
Author:
William Heathcoat Amory -
Pages:
5
Quality as an investing style has outperformed significantly in recent years, and over the past 12 months especially so. After this kind of outperformance, it is natural to ask whether a trend is over-done and profits should be taken – and that is what we have done. When analysing the typical quality benchmarks, it quickly becomes apparent that these indices have significant industry and sector exposures, which could affect how they perform in the future and put them at risk of a down period. Bu ....