Fund managers with 20+ years at the helm significantly beat the market
Approximately 50 funds have a 20-year track record of being run by the same fund manager. These managers will have invested through all market cycles. They will know their investment markets inside out, they will have been burnt by their past investment errors and will hopefully be wise to these traps in the future.
The table shows a selection of managers from the bigger-sized funds that qualify for the list. All the fund managers highlighted have beaten their peer group over the same period of time, and some by dramatic amounts.
John Chatfeild-Roberts and Algy Smith-Maxwell have more than doubled the returns of their peer group on the Jupiter Merlin Worldwide and Growth portfolios, while Harry Nimmo has delivered almost double his peer group average on the Standard Life Investments UK Smaller Companies Fund (B7FBH94).
The figures show how well funds focused on small companies have done – over the past 20 years the average UK small companies fund has delivered more than 550% return, but the long-serving managers in the list have handed investors nearer 1,000% return. Giles Hargreave at Marlborough Special Situations (B907GH2) has rewarded investors with an impressive 2,470% return over that time.