Boutique

The changing face of investment over 20 years

Think-tank New City Initiative (NCI) chairman Dominic Johnson has called for a dedicated Financial Conduct Authority division to help start-up firms.

Fund selectors are increasingly favouring boutique investment houses and rejecting star managers, according to a survey by distribution company Harrington Cooper.

Aviva Investors has sold its US equity investment management subsidiary River Road Asset Management in an effort to streamline its US business.

The Witan Investment Trust has appointed boutique firm Heronbridge to manage a £75m UK equity mandate.

Gemini Investments is holding a four date roadshow around the UK next month showcasing five of its boutique investment partners, with events chaired by Investment Week's editorial director Lawrence Gosling.

Argonaut Capital Partners has confirmed it will split off from Ignis Asset Management, with Ignis retaining a 40% stake in the boutique.

Boutique [boo-teek] - noun - any small, exclusive business offering customised, and/or specialised service. Sounds appealing, doesn't it?

Ruffer's chief executive Jonathan Ruffer will take over as chairman of the investment boutique in March when Ian Hay Davison retires from the role.

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