Neptune tops UK retail fund list for 2006

Analysis of all UK retail funds during 2006 by Financial Express shows that Neptune, the investment management boutique founded by Robin Geffen, had the two best-performing funds. At number one with a return over the year of 56.74% was the Neptune Russia & Greater Russia fund, with the Neptune China fund second with 52.27%. Launched in December 2004, the Russian fund has £55m assets under management and was the first onshore Oeic to invest purely in Russia. Geffen said: "On the back of three years of 20%-plus pay rises and with inflation running at 8% per year, the Russian consumer is enj...