A fund manager has crushed 98% of his competitors by shunning one of investing’s most-trusted strategies. Here’s his blueprint for success.
|04/25/2019||Posted by BusinessMediaguide.Com under General World News||
- ‘Buy and hold’ is the recommended strategy for many investors who want to profit from stocks in the long term.
- However, the $55 million T. Rowe Price Global Focused Growth Equity Fund has entered the 98th percentile of funds over the past five years by doing the opposite: trading aggressively during periods of volatility.
- In interviews with Business Insider, the firm’s portfolio managers broke down how they deploy their nimble strategy and the companies they’re counting on for continued success.