FYI: Growth, growth, growth.
In 2017, that’s all that a mutual-fund manager needed to pursue to reap a healthy return for investors.
The year was “one of the few times that we have seen synchronized global growth, while interest rates remain near their historic lows,” says Andrew Peck, manager of Baron Asset Fund, which posted a 26% gain in 2017. Indeed, as John Bilton, a global strategist overseeing multiasset-class solutions for J.P. Morgan Asset & Wealth Management, pointed out in a report, it was “the best period of coordinated, above-trend global growth in almost a decade.”
Regards,
Ted
http://www.cetusnews.com/business/Growth-Funds-Dominated-in-2017.S1UJrPeNM.html
