Emerging managers | Feature


Emerging managers: Take a chance on me


Elizabeth Pfeuti weighs up the pros and cons of using emerging manager programmes.


Butchers, green grocers, independent bak- eries – small shops on the UK high street have been disappearing since the advent of the super and hypermarket in the 1990s. In the 25 years to 2015, the number of butchers in the UK fell 60%, according to the Agriculture and Horticulture Develop-


ment Board. Between 2008 and 2017, the number of green grocers fell more than 22%, data from Statista shows. Big, it seemed for the UK consumer at least, is better. But this trend seems to be on its way to reversing, as farm outlets, delicatessens


and veg box deliveries are tempting shop- pers back to specialists by offering i mproved quality and personal service. The same cannot be said for the asset man- agement industry. Monthly sales data from the Investment Association shows that most UK institu-


Issue 84 | May–June 2019 | portfolio institutional | 35


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