No emotions, no panicking, saysthis top investor. (Photo: Shutterstock)
(Bloomberg) –One of this year's best-performing European equityfund managers says trying to predict geopolitics is a waste of timefor an investor.
“We don't think about macroeconomics, we don't think aboutinterest rates, we don't think about Trump, we don't think aboutpolitics or Brexit,” said Kevin Murphy, who helps run the $1.5billion Schroder Income Maximiser Fund, which has beaten 98 percentof peers in 2018 by focusing on U.K. value shares. “You're much better off nottrying to predict unpredictable events and focus on companyfundamentals.”
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