Hugh Cuthbert / Neil Veitch
Prior to joining SVM, Cuthbert spent 5 years with Kempen Capital Management, a Dutch merchant bank, where he was responsible for the management of over €500m of European equities including the Orange European Mid and Small Cap funds as well as institutional mandates. In addition he held geographical responsibility for the Nordic region. He began his career at NPI (later acquired by Henderson) where he helped manage the Global Care range of funds as well as a number of segregated mandates. He has a BA (Commendation) in Public Administration and holds the ASIP.
Prior to joining SVM, Veitch was responsible for UK mid & small cap investments at Dutch merchant bank, Kempen Capital Management. As well as managing the UK portfolios, he also managed European mandates. He holds a BA (Hons) in Economics, a MSc in Investment Management and is qualified as a Chartered Financial Analyst (CFA). His sector responsibilities include European industrials, technology, oil and gas E&P and UK support services & house builders.
Hugh Cuthbert / Neil Veitch has 15 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.27%.
During the worst period of relative performance (from July 2007 - November 2008) there was a decline of 25% relative to the index. The worst absolute loss has been 49%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 97%.
|Periods of worst performance
(October 2007 - November 2008)
(July 2007 - November 2008)