Cass Business School research suggests boutiques do better than larger peers in Europe

Jonathan Boyd
clock • 3 min read

Academic research from Cass Business School Asset Management professor Andrew Clare has identified a 'boutique premium' in analysis of performance by European boutiques against larger peers. The research sought to replicate the boutique premium demonstrated by AMG Group in 2015 for US quities. What it found was outperformance said to be 'significant' in areas such as European mid/small cap, and global emerging markets sectors.  Average outperformance of boutiques in Europe ranged from 0.56% per year to 0.23% per year net of fees - or 0.82% and 0.52% gross of fees - depending on the me...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.