TOP-DOWN EQUITY MANAGEMENT STYLE


Meaning of TOP-DOWN EQUITY MANAGEMENT STYLE in English

A management 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 the specific securities within the favored sectors.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.