As seen in this month’s Master Investor Magazine There are many different ways that active fund managers approach the challenge of beating the market. Some are mainly price driven and will buy a stock even if they don’t rate the business as long as they think they can make money out of it. Others take…
A few months ago I came across an interesting report that examined which managers have the highest personal stakes in their funds. It is an important issue because those with a considerable exposure have an added incentive to ensure that they work in their investors’ best interests, yet you rarely hear anything about it. The…
When Artemis Strategic Assets launched in May 2009 in the wake of the financial crisis it struck me as the ideal fund for the time. Its objective is to provide longer term positive returns under most market conditions, but it is the way that it goes about it that caught my eye. Right from the…
I recently came across an interesting comment from Nick Train, the highly regarded manager of the Finsbury Growth & Income Trust (FGT). He was quoted in the Telegraph as saying that he had not bought or sold a single share for four years and that on average he retains his shareholdings for eighteen years. FGT…
