Moneyspider in the News
29/08/2007
Future stars
What Investment
As Jimmy 'Schnozzle' Durante was fond of saying, 'Everybody wants to get into the act.' In the context of investment management, it seems that everybody wants to be regarded as a 'boutique'.
This is probably not surprising, considering boutique fund managers seem to be doing rather well. Online investment data analyst Moneyspider.com's most recent survey of fund performance indicated that boutiques were generally returning much more impressive figures than their larger, more established counterparts.
Bill Ross, Managing Director of Moneyspider.com, observes that 'According to research, it is global growth funds that are the key to excellent investment returns, but it is the small boutique funds that are posting stellar returns, leaving big-name fund management houses trailing in their wake.'
He adds, ' For example, the Global Growth tables have been dominated by the little-known Neptune Global Equity fund for the past five years. A £5,000 investment in the fund would have made a profit of £8,071, a gain of more than 160 per cent over the period. Another top-performing boutique fund - Rathbone Global Opportunities - has also delivered substantial profits of £6,086, growth of over 120 per cent since 2002.'
Ross argues, 'This dramatic imbalance shows the importance of not automatically putting your trust in the big-name fund management houses. Small houses such as Rathbone and Neptune can seriously reward investors who are prepared to consider unfamiliar or even unknown names.'
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