Size is the enemy for mid-sized boutique that takes advantage of nimble plays
By Claire Makin
For a boutique firm, Culross Global Management has some big ideas. Not that Culross wants to run vast amounts of assets; in fact quite the reverse. Chief executive officer and founder Nigel Blanshard believes that “size is the enemy of every fund manager”.
Culross itself manages $600 million and its four funds of hedge funds are mostly invested with managers who run less than $250 million. Being smaller means that Culross can be more nimble. As a theme player, the firm lives and dies by its skill not only in