The value of growth

GROWTH INVESTING

‘Growth' investing, correctly done, could be very rewarding over the next decade

The technology bubble that so spectacularly burst a decade ago following the merger between AOL and Time Warner has given ‘growth’ investing a bad name. As a result, many UK investors currently appear more interested in ‘recovery’ and ‘income’ as investment styles – as evidenced by the huge growth in assets under management at some of the leading funds at M&G and Invesco Perpetual. Resurgence of old economy Many would argue this resurgence of ‘old economy’ companies over the past decade is to be applauded, with investors now focused on the generation of cash and balance sheet strength ...