Top -performer Slater on coping in a low growth environment

THE BEGINNING In 1994, former Investors Chronicle journalist Mark Slater and his team started with a few high net worth clients. They took over a fund previously owned by Old Mutual and ran the vehicle along the lines of the current Growth fund. The fund was transferred to Johnson Fry, which marketed the vehicle, but after its acquisition in 1999 by Legg Mason, Slater lost the fund as it was brought in-house. The team was left with no retail presence and although it wanted to get into the market, the timing was not right. A few years on, the Recovery fund was launched in 2003 followed by...