Growth investing

The coronavirus pandemic proved to be the black swan event that broke the longest bull run in history – and derailed our model portfolios.

Money Observer's 12 model investment portfolios returned to form with double-digit growth in 2019. In the annual review, the rocketing portfolios are recast for an uncertain outlook.

The bounce-back expected by some investors in ‘value’ companies can’t last in a low-growth world, argues James Thomson.

As predicted in the previous review, value-oriented strategies top the third-quarter leaderboard of our model portfolio constituents.

Respectable returns were blunted somewhat by the Brexit dilemma.

As we bid farewell to this portfolio, we reflect on the fortunes of a key theme in the portfolio and flag up macro risks that investors will need to keep an eye on.