Boutiques, the grey brains and discounts

GOSLING'S GROUSE

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When is an investment boutique really an investment boutique? Investment Week touched on the point ...

When is an investment boutique really an investment boutique? Investment Week touched on the point three weeks ago (24th July issue) with a very good piece looking at the rise in assets of some of the so-called boutiques. I thought a simple definition of a boutique was its size but heading the table was New Star with £18.1bn under management accompanied by Artemis at £10bn. On these figures, both are far from being the small, boutique managers they might have been a few years ago. In the same table was Midas Capital with £600m, Neptune and SVM, with £600m and £400m respectively. Midas ...

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