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Taxicab Tenner: why Investec's Blake Hutchins bought Tesco

In the first Taxicab Tenner following a prolonged hiatus, Blake Hutchins takes the tenner challenge.

The Investec Asset Management fund manager found time to discuss why tobacco still works as an investment and what has driven him to invest in Tesco for the first time in his career. 

Hutchins' Investec UK Equity Income fund returned 15.8% in the past three years to the end of March versus a peer average of 12.2%.  

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Blake Hutchins
Blake Hutchins
26/90 in Equity - UK Equity Income (Performance over 3 years) Average Total Return: 21.93%
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