Boutique cru slams cautious funds

Maguire, former investment director for Legal & General Investment Management, has launched his own absolute return fund, scheduled for inclusion in the IMA’s Cautious Managed sector, which he said would put the performance of its peers to shame. The CF ARCH Cru Portfolio fund, a multi-manager OEIC, comprises five equity income funds and cash. But the greatest exposure is to three specialist portfolios. All bearing the ARCH cru brand, they are Private Equity, Private and Structured Finance and Sustainable Opportunities, respectively making up 25pc, 30pc and 20pc of the ARCH Cru Portf...