Exhaustive research and a fanatical attention to detail has
given the transport strategy traction in a crucial but
Stock picker fund managers often boast about their in-depth
research into companies, but few go to the extent that the
managers of the Tufton Transport Investment Fund have.
For example, the global long/short equity fund, co-managed
by Andrew Barker in London and Raymond Maguire in Hong Kong,
uses supply-demand models to track and value every commercial
aircraft in the world, and watches movements of cargo on trucks
from the factory in China to its destination via US railroads
and at every stage in between.
Such a strong emphasis on detailed analysis made Tufton and
the two managers a natural fit to launch the fund in January
this year. It invests in all areas of transportation, excluding
marine (the maritime trade is covered by the sister