Managers enjoy resurgence of equity markets

Increased exposure to equities sees Neptune Multimanager fund claim top spot in Cautious Managed sector

Reduced exposure to fixed interest and a tilt towards equities has helped Robin Geffen and John Husselbee, managers of the Neptune Multimanager Income fund, outperform their Cautious Managed peers in recent years. The fund has claimed top spot in the Cautious Managed sector, posting a bid to bid return of 55.16% over three years to the end of October against the 36.43% average, according to figures from Standard & Poor's. It aims to achieve income in excess of the MSCI World index, with the potential for capital growth. Launched in May 1992, it scored an annualised alpha of 1.94 against ...