It is also interesting to see ALM,IPO & IG fall behind WPCT since launch and Neil's ~10% improved performance against Invesco since departing
The risk appears worth it to me as there is value in the new interesting investment areas as opposed to just investing in safer established Companies.
It is easy to win Contracts with the hope of increasing margins but to loose established recurring ones that take low investment in time and money is another thing.
Muliple operation and maintenance contracts are being lost by the demise of the UK fossil fuel power and process industries - they're easy cash generating contracts for stable businesses but not any more. Interesting if they can adapt after such a share bashing and build any market confidence.