SVM's Lawson: Don't be distracted by summer 'sabre-rattling'

Pressure from sector disruptors

Summer can bring surprises for investors. There is little company reporting, so other events fill the vacuum.

Pronouncements by politicians and central bankers have a much bigger chance of making front page news, and low trading volumes also encourage volatility. Shares can move sharply, driven by currencies, commodities and politics, unsettling investors. They can easily be pulled out of their comfort zone, and react in haste.  Often this means selling growth stocks if the headlines look like a risk for the global economy. After a strong run in the first half of 2017, taking profit in quality stocks is tempting. Value vs growth: FundCalibre's six funds to watch But in recent years, the...