Volatility drives Aurora's success

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The £30m Aurora Investment Trust had a shareprice return of 73.38% over the three years to April 200...

The £30m Aurora Investment Trust had a shareprice return of 73.38% over the three years to April 2000, more than doubling the sector average of 36.25%. This performance placed the portfolio first out of 11 trusts in the UK Capital Growth sector over that period. Francis Northbrook, assistant fund manager to James Barstow at Mars Asset Management, said the objective of the trust is to achieve capital appreciation through investing in companies listed on the London Stock Exchange. There is also a marginal exposure to fixed interest investments at 2.25% of the portfolio. He said there is a fo...

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