Stewart fine-tunes three month old Energy vehicle

Global Energy manager is aiming to replicate long-term performance of Global Resources

Almost three months into running the Martin Currie Global Energy fund, Ruairidh Stewart has been fine tuning the holdings in the portfolio. Launched at the end of March, the Energy fund aims to replicate the performance of the energy stocks in the group's established £548 Global Resources fund. The portfolio has managed positive returns since launch, up 9.8% from 31 March to the end of May, according to Lipper figures, slightly under the 11.9% return for its MSCI AC World Energy benchmark over the period. The fund's mandate is to provide capital growth through equity holdings in energ...