There is a “boutique premium” in the European Fund Management industry

A new academic study, conducted by Professor Andrew Clare of the Cass Business School, reveals a so-called “boutique premium” in the European fund industry. This means that smaller boutique asset managers offer added value in terms of performance against large competitors in certain asset classes.

The key conclusions are:

  • University study identifies a ’boutique premium’ in the European fund industry
  • Funds of small fund groups tend to outperform large fund groups in terms of performance, significantly so in the case of European small/mid cap and global emerging market funds
  • More needs doing by advisers and platforms to promote boutiques

QUAERO CAPITAL is member of the Group of Boutique Asset Managers (GBAM).

The study has been published on the Social Science Research Network.

Read the Media Release

Read the study