Ms Gleave said: “There is still a place for some value exposure in the fund, but the environment has shifted such that we are now looking for recovering value – companies using cost control to effect business improvements – rather than contrarian value, which tends to be much more distressed situations.
“Contrarian value exposure in the fund is restricted to selective opportunities in the financials and energy sectors.”
Article continues after advert
The Liontrust GF European Strategic Equity fund has returned 19 per cent over the past three years, data from FE Analytics shows.
Page 2 of 2
