Boutique Focus: Unicorn Asset Management

After more than a decade in the fund management industry and some recent stellar performance from its product offering, Unicorn Asset Management remains one of the smaller players in the industry, with a boardroom tussle still fresh in investors' minds. Emma Dunkley looks at how the business has moved on and how the group intends to increase assets under management.

When Unicorn was founded in 2000 by former CEO and fund manager Peter Webb and his colleague John McClure, the group quickly built a reputation in the small-cap space. As its first move it completed the acquisition of the management contract for Eaglet, a large investment trust, as well as the Acorn Income fund, providing the firm with starting assets of around £140m. It then set about building up a performance track record, something which it has done successfully, with a number of its funds head and shoulders above peers today. The firm’s UK Income fund, for example, run by McClure, ha...