Manager Cory Gilchrist turns around fortunes of Gartmore US Opportunities fund
A 15% exposure to non-US countries has helped the previously underperforming Gartmore US Opportunities to top its sector after a manager change in June. The group removed former managers Gil Knight, Chris Baggini and Gary Haubold of NWD earlier this year after a period of underperformance. US Opportunities went to Cory Gilchrist of Marsico Capital Management in June and has given the portfolio a complete overhaul. Since taking over, Gilchrist has generated a return of 10.33% over the month to 28 September according to Morningstar, ranking it first out of 84 in the sector. Over three mont...
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