Alpha 

Asking questions of momentum winners

Asking questions of momentum winners

Buying shares with price momentum would have outperformed other stock-picking strategies in the UK over the past decade. That’s one way to interpret the findings of Dimson, Marsh and Staunton of the London Business School. Their research, published in a section of their Global Investment Returns Yearbook 2018, shows momentum inspired style-investing would have delivered average annualised returns of 13.5 per cent between 2008 and 2017.

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