SVM's Margaret Lawson talks to Joanna Faith about the three-pronged strategy underlying her UK Growth portfolio, how a cash and carry turnaround boosted its performance and why she is avoiding financials.
Margaret Lawson has one key message for the adviser community: despite the global economic situation there are still plenty of good quality companies to invest in. Lawson, who has managed the SVM UK Growth fund since 2005, applies a bottom-up stock picking approach, but as a trained economist, also takes the macro view into consideration, especially in the recent risk-on, risk-off environment. The strategy has clearly served her well: the portfolio has returned 38% compared to a peer group average of 7%. What differentiates your fund from the rest? I would say its structure. The ...
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