Moneyspider in the News
01/08/2007
Trendsetters tailor-made for success
Moneywise
In a crowded investment market, size doesn't always matter. We take a look at boutique firms and ask what they can do for you.
Performance is the key attraction and there is a group of boutique funds at the top of several major sectors. Moneyspider.com, a website tracking fund performance, has identified Neptune's Greater Russia fund and China funds with the highest ratings across the entire 2,000-strong fund universe.
Moneyspider also produces a regular report looking at each company's top performing funds as a percentage of its total fund performance (only firms with at least 10 funds are included) The latest report shows that the to a slimmed down First State and followed by St James's Place, Neptune and Artemis. A similar pattern was evident for 2005. It suggests that companies do better overall if they do not try to be all things to all investors but instead to limit their horizons.
In contrast, fund giant Fidelity tumbled 32 places down the Moneyspider table. It now ranks 41 out of 54 firms monitored (with only 19 'strong' funds out of 52), although it's still above a cluster of high-street banks including HSBC, Abbey, Halifax and NatWest.
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