A fund manager's age does have an effect on whether they should outperform, with those in their early 40s most likely to beat their peers, according to research from Scottish Widows Investment Partnership's(SWIP) multi-manager team.
Head of multi-manager Mark Harries said the team evaluated the five most popular sectors and identified that within the equity space, managers in their early 40s tended to outperform. However, in the bond sector outperformance was linked to a slightly younger average age of 38. “Fund manager experience really does count. I am not saying you should never buy a younger manager, but it does seem a manager in their early 40s with 19 to 20 years of investment experience tends to be a good profile,” said Harries. The SWIP multi-manager team assessed UK Equity Income, Global Equities, UK All...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
