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Investing Glossary:
Top-down equity management style
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Top-down equity management style
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| Definition: |
| Investment style that begins with an assessment of the overall economic environment and makes a general Asset allocation decision regarding various sectors of the financial markets and various industries. The bottom-up manager, in contrast, selects specific securities within the particular sectors.
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