Global Strategy Views: Diversify to Amplify

Alpha should become a more important driver of returns with a broadening opportunity set within and across equity markets, write Peter Oppenheimer and team, portfolio strategists at Goldman Sachs Research. According to the strategists, there is a growing symbiotic relationship between the potential for the technology sector and growth in some parts of the ‘old economy’ as the needs for capex rollout and electrification increase. The prospects for equity returns are no longer a function of whether the sector is classified as Growth or Value; it can be a bit of both, they add.