Fitzwilliam's Segal backs boutiques

Current concerns over the corporate re-structuring of large asset management houses adds further weig...

Current concerns over the corporate re-structuring of large asset management houses adds further weight to the argument for investing in specialist boutique fund managers, according to Fitzwilliam's Sharon Segal. Large players such as New Star, Fidelity, Gartmore, Schroders and Credit Suisse have all either announced fund manager changes or redundancies in recent weeks. While Segal and her fund of funds team do invest in the larger houses, they have more recently invested in lesser known names such as Montanaro, Eaton Vance and Four Capital. "With the boutique houses there is equity parti...