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star managers
The star investment managers
Skilled management of your funds is always important, but never more so in these times of market volatility. Here, top Independent Financial Advisers pick their star managers for 2004. Remember, managers frequently move from fund to fund, so keep a close eye on the transfer market. It's also important to recognise that good past performance is no guarantee of future profit.
Mark Dampier of Hargreaves Lansdown recommends:
Albert Morillo, manager of the £152.4m Investec European fund.
Over five years the fund has turned £100 into £82.79 and £189.5 over 10 years.
The average for its competitors' is £90.26 and £214.42.
Harry Nimmo, manager of the £46.2m Standard Life UK Small Caps
fund. Over five years the fund has turned £100 into £149.72 against an average
£146.87.
Dennis Clough manager of the £572m Schroder Tokyo fund. Over five
years £100 invested has grown to £114.06 and £111.92 over 10 years. Clough's
competitors averaged £104.39 and £79.01 for the same periods.
Ryan Hughes at Chartwell Investment recommends:
Richard Buxton, manager of £252m Schroder UK Alpha Plus. Over
the year to 28 November 2003, Buxton turned £100 into £112.27 against his competitors'
average of £108.34.
Patrick Evershed's £95.9m New Star Select Opportunities has turned
£100 invested one year ago into £133.85 against an average £108.34.
Elena Shaftan, manager of the £38m Jupiter Emerging Euro Opportunities
fund has turned £100 invested a year ago into £123.43, while her competitors
averaged £120.07.
Gavin Haynes of Whitechurch Securities recommends:
Tim Russell, manager of the £377m Cazenove UK Growth and Income
fund. Over the six months to November 28 2003 he turned £100 into £110.34 against
an average £107 for the UK All Companies benchmark.
Jeremy Lang, manager of the £238.6m Liontrust First Income fund.
Over five years, Lang has turned £100 invested into £144.07 and £310.75 over
ten years. His competitors averaged £100.94 and £189.45 over the same periods.
Philip Wolstencroft, manager of the £142.9m Artemis European Growth.
Over the year to November 28 the fund turned £100 into £120.61, compared with
an average £107.04.
Charlie Barlow at Bestinvest recommends:
Nigel Thomas, manager of the £165m Framlington UK Select Opportunities.
Thomas has turned £100 into £118.71 over the last year against his competitors'
average of £108.34.
Barlow also opts for Jeremy Lang, manager of Liontrust First Income.
Over five years, Lang has turned £100 invested into £144.07 and £310.75 over
ten years. His competitors averaged £100.94 and £189.45 over the same periods.
Angus Tulloch, manager of the £240.5m First State Asia-Pacific
fund. Over five years £100 has grown to £186.24 and £157.43 over 10 years. Tulloch's
competitors averaged £136.91 and £96.42.
*Figures show the value of £100 invested over five and 10 years on an offer-to-bid basis, with net income reinvested. Where a fund is relatively new, six-month and 1-year figures have been used. Data from Lipper, a Reuters company.
