One head is better than three on Resolution fund

David Clark proves his mettle on Resolution's Smaller Companies, propelling the vehicle to third spot in its peer group over three years

The record of Resolution's David Clark is proof that three heads are not always better than one. When he took over the £108m Smaller Companies fund in November 2004 from a three-man management team, the vehicle was languishing in the bottom quartile in its sector. Since then, Clark has transformed the fortunes of the fund, and it currently sits third in its peer group behind Dan Nickol's Old Mutual vehicle and Harry Nimmo's Standard Life proposition. While returns have struggled over the past year like the rest of the UK Small-cap peer group, the fund is up 69.1% over three years to 3...