Falcon outperforms benchmark

Recent additions to the trust include Abcam, a producer and distributor of research grade therapeutic antibodies, and Debt Free Direct, a provider of personal debt management solutions. The company said that profits taken from eight existing holdings such as Robert Walters, which rose in value by more than 90pc, boosted the portfolio’s performance. It also felt that avoiding undue exposure to areas of the economy which were reliant on continued growth in spending by the domestic consumer were key to the trust’s success. Peter Webb, fund manager and CIO of Unicorn Asset Management...