'All about risk': Multi-managers on their best investment calls of 2012

MULTI-MANAGERS

Three top multi-managers tell Joanna Faith how they navigated their portfolios through last year's ongoing uncertainty.

Elliot Farley, co-manager, T. Bailey Growth fund "The introduction in 2012 of a strategic allocation to global investment themes in our flagship global fund of funds, the T. Bailey Growth fund, which is up 14.18% (in the year to 30 November), has proved an effective way of adding value for our investors. "Globalisation looks likely to continue, with stronger links between economic fortunes in different regions and an increased correlation in the performance of equity markets around the world. "In light of this, we made the decision to reduce several of our regional positions and int...