The Thoughts of a Contrarian Investor

Contrarian investors challenge conventional wisdom; getting them to agree with the consensus is like trying to herd cats. They do not always get it right but mavericks are always worth listening to, if for no other reason than to question your understanding on a chosen investment strategy. Perhaps the most famous contrarian investor in the UK is Neil Woodford, subject …

The Impact of Investment Styles on Fund Performance

It is fairly well known that many fund managers adopt specific investment styles in running their portfolios. These are the underlying investment principles and strategies a fund manager favours and this in turn determines their asset and sector allocations and the type of stocks they buy. Whilst the main styles are often described as “value” or “growth,” there are variants, …

Perspectives on China

I like fund managers and economic commentators who are opinionated. They are likely to come up with interesting contrarian thinking and challenge established norms. They stimulate investment ideas and if right the strategies that come out of these ideas are profitable. Recently I came across Michael Godfrey co-manager of M&G’s Asian and Global Emerging Markets funds. I have to admit I have never used M&G for these sectors and …