We categorise the companies into leaders, high-growth companies, and turn-around companies.
We are buying it for valuation, commodity upcycles or downcycles.
So, those are the various buckets what internally Invesco uses and this is a very broad framework under which we operate.
The balance sheet and the cash flow statements will be of equal importance to me.
I'll identify myself as a balanced personality. So, growth at reasonable prices or quality at reasonable prices is what would be at my forefront in terms of stock picking.
Many companies are struggling to keep pace with the changing environment. So, that is also very critical for me that the company has a long runway of growth and, effectively, it innovates and invests itself to change and keep itself relevant to the changing dynamics.