Stock pickers set the investment trends

In their search for outperformance, fund managers are increasingly focusing on individual stocks rather than indices

Stockpickers, rather than top-down macro players, have been in fashion so far this decade, as volatile market conditions have lent themselves to this management style. Fund providers are increasingly launching stockpicking funds at the expense of macro or sectoral portfolios. These industry views are backed up by recent research from Standard Life Investments (SLI) It shows that investing in the high beta sectors of various markets is not enough to take advantage of the current economic recovery as these sectors react differently over time. SLI analysed the current sector composition o...