Karen McCusker has managed the Rathbone UK Managed Fund since it launched in March 2000. She talks to Helen Morrissey about the importance of sticking to your convictions to get good returns
Tell me about the history of the fund? The fund was launched in March 2000 and was worth £4.5million. As of 31 October 2007 it is worth £36.5million and has 12 clients. I have managed it throughout that time though the fund has changed its name three times because it has been taken over on several occasions. It initially launched as the Ely Pensions Managed Fund. However, Ely was then taken over by Dexia and it was then called the Dexia Managed Pension Fund. Then in April 2006 Rathbones acquired the Dexia business so it's now called the Rathbone UK Managed Pension Fund. What have been t...
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