Mixed results from Artemis range

four of aidan kearney's eight multi-manager funds beat their benchmarks over three years

Half of the eight Artemis multi-manager funds sold to Credit Suisse have beaten their benchmarks on reaching their third anniversary. All run by Aidan Kearney, over the three-year period from 18 February 2002 to 14 February 2005, the only fund to make a negative return, and the only one not to beat the benchmark in any of the discrete periods, was Artemis Multi-Manager Ethical. On a bid to bid basis with net income reinvested, it made a cumulative return of -1.12% while the average fund in its peer group, the UK All-Companies sector, grew by 13.16%. Invested mainly in the UK, the ethica...