Diversity key to Cautious Managed outperformance

Top quartile returns typified by holding a mixed range of asset classes in Cautious Managed sector, topped by Cazenove Multi-Manager portfolio

Funds with a more diverse mix of asset classes typify the top spots in the Cautious Managed sector over three years. Cazenove Multi-Manager Diversity fund has claimed pole position in the Cautious Managed sector over a three-year view. Run by Marcus Brooks and Robin McDonald, over three years to 5 September 2008, it delivered a cumulative return of 20.25% against a sector mean of 7.05%, according to data from Morningstar. The second-top performance came from Ruffer, its Total Return offering posted 19.96% over the same timeframe, while Arch Cru Income, which is ranked third out of a p...