There's nothing new about looking at valuation, says Adrian Holliday, but Garp funds are a lot more than that
John Irving's novel, The World According To Garp, is stuffed full of extra-marital sex, betrayal and sexual confusion. Thankfully, the investment style known as Garp - growth at a reasonable price - is a more straightforward and less traumatic story for fund managers to follow. Its basic premise is: buy growth stocks but don't pay over the odds.Jim Wood-Smith, chief investment analyst at London brokerage Gerrard, says the current interest in Garp-style funds is a direct result of the technology
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