7IM Short Thoughts: Don't get bitten by acronym investing
There are many acronyms used in Finance, and over the last few years, the most familiar one has probably been FAANG – Facebook, Amazon, Apple, Netflix and Google. On the face of it, a strong set of stocks.
However, when we look at the performance of some of these FAANGs over the last year or two, it doesn’t necessarily correlate with great investment returns.
So, Ben Kumar, Senior Investment Strategist, looks at why acronyms shouldn’t be the basis of an investment strategy.
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We’re excited to announce that 7IM for Private Clients, London, has now merged with, and rebranded to, Amicus Wealth Management.
This marks a vital step forward in our mission to deliver the very best wealth management for our clients.
While our name has changed, our values and commitment remain the same. We’ll continue to provide personal, bespoke financial planning, built around you.
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