Ashburton AIM funds woo clients

Ashburton, the investment managers based in Jersey, is to allow external clients into its four Ashburton Investment Management Limited (AIM) funds for the first time. The funds are the $72m Americas fund, the $108m Asia Pacific fund, the $48m Values fund and the £78m European fund. Ashburton's investment team is headed by Dennis Phillips who runs the Values fund - each fund is the responsibility of a particular manager. The investment approach is bottom-up and uses both growth and value analysis tools. Phillips explained: "The aim is to run with the winners and cut the losers." Stop lo...