Unicorn Asset Management

Multi-asset managers have been forced to move into specialist vehicles or even switch to open-ended funds as the number of closed-ended vehicles trading on a premium to NAV hits a post-crisis high.

UK businesses from across the cap scale are still flourishing despite the struggling macroeconomic environment, according to Chris Hutchinson, co-manager of the Unicorn Outstanding British Companies fund.

Peter Webb, the manager of the two worst-performing funds of 2012, has described his frustrations in trying to sell many of the "illiquid" positions he inherited on the portfolios, and his hopes for a turnaround in performance this year.

INCOME

ON UK INCOME

ON ASSET ALLOCATION

THE BIG QUESTION

The Share Centre has ditched T1PS Investment Management's Tom Winnifrith as manager of its two small-cap mandates in favour of former Unicorn founder Peter Webb.

SPECIAL REPORT

Unicorn UK Income manager John McClure said wealth manager Brewin Dolphin has the potential to increase margins by over 50% as it catches up with its peers in the sector.