Back to Growth (SA, CITI)

“Generally speaking, fund managers are not big value fans, but participated in the names as they gained price momentum. Hence, the conviction to stay with the trade is not particularly deep, in our opinion, leading to the willingness to shift back to the growth style almost at every opportunity.” Citi strategists led by Tobias Levkovich.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s