Investors weigh up the choice of moving assets with Barry Norris or to remain in Neptune's European Opportunities fund
The timing of a purchase of a fund is one of the crucial decisions facing any buyer and is particularly important when an established manager switches house. Some investors wait for a manager to establish a full three-year track record in new surroundings and stick with his or her successor. Others, particularly fund of funds (Fofs) managers, tend to follow their favourite. The departure of Neptune European Opportunities manager Barry Norris to the Britannic Argonaut boutique, where he has launched a European Alpha product, provides such a quandary. The Fofs money seems to be moving with...
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