Casson's Latin American fund reports consistently strong returns over past 12 months
Launched in June 1997, the Scottish Widows Latin American fund has shown consistent strong performance. According to Morningstar, Jeff Casson’s £64m vehicle, which sits in the IMA Specialist sector, has gained 91.4% over one year to 6 April compared to a sector average increase of 51.5%. On a three-year and five-year view the fund is up 74.5% and 280.7% respectively. Casson, who has managed the fund since October 2006, says: “The region had a difficult year in 2008 but in 2009 there was a strong rebound in the market. “A lot of this stems from the fact Latin America was perceived t...
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