Focused portfolios coupled with high-quality reporting have helped the firm build a solid performance record over the past few years
By Claire Makin
In recent months, Fauchier Partners has been keeping a close watch on its managers for signs of faint-heartedness. The danger is that managers fail to back up confident talk of investment opportunities with actual exposures in their portfolios, Clark Fenton, chief executive officer, points out. “In today’s market environment, one of the great challenges is making sure people are taking enough risk, and enough of the right kind of risk,” Fenton says.
Fenton and his colleagues care about this, because they run relatively concentrated portfolios where each manager has