Our latest commentary - Value vs Growth

Global growth has been in the ascendance during an era of cheap borrowing, low interest rates and controllable inflation. In such an environment ‘Growth’ stocks have outperformed ‘Value’ companies for a sustained period. Yet now that inflation is starting to rise and with central banks starting to tighten their belts, investors are increasingly wondering when the markets will rotate exposure back into ‘Value’ companies. This month we identify firstly what is meant by Growth and Value, before considering the future prospects for investors in either or both of these well documented market styles.