Andrew Parry, chief executive of Hermes Sourcecap, believes now is a healthy time for stock pickers.
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The market rally of 2009 saw all stocks bounce, including the weaker ones, Parry observes. That correction is now over, however, and companies must start to compete for investors’ attention on their individual merits.
‘Once you come out of an economic slump, you begin to find differentiation at the company ...
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