Gary Potter (L) and Rob Burdett

“Markets generally did well in October and our selections in the racier Asian and Emerging Markets from Veritas and Nevsky did well with top-quartile returns of over 9 per cent each. Overall, our portfolio remains ­cautious in its fund selections, but this need not hold returns back, with good returns from the ­conservatively positioned Cazenove European, Rensburg UK Managers’ Focus and Findlay Park American Smaller Companies funds. Bonds recovered too, and good peer group returns were seen from both Thames River High Income and Thames River Global Bond during October.”