Adams uses patience and process to bolster returns

Aegon UK Equities manager cites methodical imperatives amid hardest ever conditions

Stephen Adams took over Aegon UK Equity in April 2004, transforming a perennial underperformer into one of the UK All Companies sector's most consistent offerings. When he inherited the vehicle, three managers had come and gone in quick succession, Matt Harris, Steven Laidlaw and Mark Peden, and the fund was bottom quartile over one, three and five years. Performance to 3 November is much improved and the £128m fund is now comfortably top quartile over three and five years. The manager said much of this success has come from using the full strength of Aegon's UK equity desk and is str...