How to spot the next Bolton or Woodford

Do you wait for a fund manager to develop a successful track record, or do you jump straight in the moment you see potential? Should you only look at the big fund houses for talent, or is it better to focus on boutiques? Gary Potter, co-head of the multi-manager team at Thames River, says finding a rising star involves distinguishing between intellectual capability and fund management capability. He says while a manager may be intelligent they may not be particularly wise when it comes to managing a fund. They can also be lucky in how successful they become, rather than being skilled ...