As fund managers, we must stress to clients the importance of buying excellent quality companies, at appropriate valuations, in order to avoid the frustration of holding an expensive company incapable of meeting the expectations already baked into its share price.
To illustrate the point, we have compared two (very different) giants in the entertainment industry: Netflix and Disney. Head-to-head Netflix, the disruptor with its online streaming platform giving...
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Record organic asset growth
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Fixed income manager takes a more cautious approach
Duff & Phelps IM selected for real estate vehicle