Weekly Roundup, 22nd October 2019

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  1. Avatar Bryan Matthew says:

    I would also hope in light of the Woodford sage- that investors don’t turn away from the very real benefits of investing with the few active managers who really do add value consistently. Obvious examples are:

    Terry Smith – for an AMC of 1% he has beaten the IA Global benchmark by 119% and his Fundsmith offering is Top Quartile over 1, 3 and 5 years

    Nick Train – for an AMC of just 0.7% his Finsbury Growth and Income Trust has beaten the UK Equity Income benchmark by over 206% and his Trust is also Top Quartile over 1, 3 and 5 years

    Keith Ashworth-Lord’s Buffettology fund charges 1.2% but has beaten the UK All Companies benchmark by 198% and is also Top Quartile over 1, 3 and 5 years.

    All three share the same broad process that they have got an investment strategy which a) has been shown to work consistently well and b) they have stuck to that process irrespective of what market conditions or critics say. Woodford moved away from b) which was a tragic mistake!

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Weekly Roundup, 22nd October 2019

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