An investment strategy that builds portfolios of securities based on the country, region, sector or industry in which they operate as well as on economic and other factors. This approach pays little to no attention to the specific issuer of the securities. Opposite of Bottom Up.
is a concept of analyzing a subject, such as costs or revenue, starting from the highest level working towards the bottom.
An investment strategy which first finds the best sectors or industries to invest in, and then searches for the best companies within those sectors or industries. see also bottom-up.
Consists of selecting the most interesting sectors using an analysis of macroeconomic variables, and continuing in descending order until the company is reached.
A top down approach to investing means that the fund manager will base portfolio construction on macro economic environment views. Holdings that are likely to benefit from the current environment are then selected for the portfolio.
Focuses on an issue from the viewpoint of management rather than workers in the field. (see also Bottom up)
The approach to a project whereby it is plan ned and estimate d in increasing levels of detail one level at a time. [D03966] PNG
This phrase describes an investment approach whereby the starting point for selecting shares is to look at the macro-economic picture and to select stocks which will fare better under the expected conditions. See also Bottom Up.
An investment approach that first seeks to define major economic and industry trends, and then proceeds to identify specific companies that are likely to benefit from those trends. (See also "bottom-up.")
Shade that lowers from the top down to the bottom rather than the standard bottom up lift.
Shade can only be lowered from the top.
"Top Down" refers to an optional feature that opens the shade from the top down instead of the bottom up. When completely open, a top down shade is stacked at the bottom of the window.
Used to describe a management style where the manager is initially influenced by macroeconomic considerations, asset and sector allocations before selecting individual investments.
Investment strategy that relies on decisions about asset classes, markets and industry sectors before stock selection.
