Hooper sticks on large caps

Manager believes blue chips will generate returns, as they boast best balance sheets

Jamie Hooper has maintained the large-cap bias on the Axa Framlington UK Growth since taking over last November but has altered its composition and introduced more conviction. He took the reigns from Chris Murphy and the newly reconstructed portfolio began running from 1 January. Since that point, the fund has returned 4.54% against the UK All Companies sector average of 1.43%, according to Morningstar. Hooper said he wanted to maintain the large-cap bias on the fund, which initially launched in 1999. "What I wanted to do was introduce more conviction," he added. "Around 70% of the po...