Boutique Investments: when small really does mean beautiful

This week's debate focuses on the definition of boutique operations and their potential for innovative investing

This week's Conjecture focuses on boutique investments. Taking part in the debate were Stuart Alexander of Close Investments and Jonathan Polin of Resolution Asset Management. What is your definition of a boutique? Jonathan Polin (JP): Boutiques mean different things to different people though my personal belief is that a boutique really is a small single asset class manager, who runs money with a very discernible style. By definition, boutiques have a limited capacity. It is an area where fund managers are doing one thing and one thing only – bringing their intellectual capital to delive...