Lyle champions fettered funds for outperformance at lower cost

Threadneedle manager attributes strong performance of Equity & Bond fund to Asia and emerging market holdings and focus on volatility.

Threadneedle’s head of managed funds, Alex Lyle, is co-manager of the £860m Threadneedle Equity & Bond, £638m Global Equity & Bond, and £236m Global Equity funds, and sole manager of the group’s Navigator range of funds. He has beaten his peer group over one, three, five- and 10-year timescales, according to data from FE. Here he explains his asset allocation process and team approach to stock selection, and argues fettered funds can be better value and better performers than their unfettered counterparts. How dynamic is your asset allocation? The fund is measured against the Cautiou...