ZALIS GLOSSARY: style-drift
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
The tendency of a broker or investment portfolio manager to alter his or her investment style over time.
Notes:
This occurs for any number of reasons, but one main force is changing trends in the general investing environment. During the dotcom boom, for example, many managers - regardless of the strategies they were initially bound by - were able to justify tech stocks in their portfolio because everybody was buying them.