Investors might have heard of ‘Growth at a Reasonable Price’ (GARP) - a strategy that combines both value and growth in making investment decisions.

But there’s a view that with rates at record lows, a different principle has pervaded the market - ‘quality at any price.’

Nicolas Bryon, portfolio manager of the Atlantic Pacific Australian Equity Fund, tells Sean Aylmer why he believes some stocks need to 'de-rate'.

This is general information only. You should seek professional advice before making investment decisions.