Climate still good for specialist funds

letter

Nick Hodgson Sales & marketing director, Framlington Dear Editor, I read last week's leader colum...

Nick Hodgson Sales & marketing director, Framlington Dear Editor, I read last week's leader column about the merger of Framlington New Leaders fund into Framlington Managed Growth with interest. The assertion that New Leaders represented the paradigm madness that swept the market in 2000, is probably right, but the implication we have somehow lost faith in specialist funds in the current climate, is not. Indeed, some of our most established franchises, for example the Framlington Health, Biotech and Financial funds, are in the specialist arena. Also, the recent performance of our NetNet ...