Stellar growth sees Old Mutual fund top sector

Group's top-rated smaller companies team produces almost double average sector growth over three years

Daniel Nickols' Old Mutual UK Select Smaller Companies fund topped the UK Smaller Companies sector over three years to the end of August, growing by 111.97% bid to bid against the average fund's 69.48%. According to data from Standard & Poor's, the portfolio was the second top performer in each of the three discrete years under examination, having returned 18.26% against 13.45% between September 2003 and August 2004, 40.88% against 31.02% during the following 12 months and 27.23% over the final year. Launched in 2001, the 107-stock offering has the bulk of its assets, 40%, invested in the...