Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Aberdeen's Phil Webster: why I'm backing Close Brothers

Phil Webster, manager of the Aberdeen Smaller Companies High Income Trust, explains what has attracted him to Close Brothers.

In this video interview, Webster also rejects the notion that there is no value left in small-caps.

Webster's £62 million trust has returned 92% over the past three years, compared with 65% from the FTSE SmallCap index - and yet despite this outperformance the fund itself offers a value opportunity, given that it trades on a 12% discount.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Your Business: Cover Star Club

Profile: gearing up for the shift from consolidation to start-ups

Profile: gearing up for the shift from consolidation to start-ups

‘I think the industry is evolving rapidly, but not necessarily as a whole,’ says the head of recently launched Charles Nicholson AM

Wealth Manager on Twitter