Allan Cameron has worked at Adam & Co’s Edinburgh headquarters for close to 25 years, rising to the level of investment director. Over the last year, the senior fund selector said the company’s buy list has reduced bond exposure in favour of alternatives.

Within equities, UK exposure has been reduced in favour of an increased global weighting. Cameron said that the shift to alternatives has helped performance during a tough year for markets. However, retained exposure to high growth and technology funds has detracted.

He said that his ‘hidden gem’ is the Lindsell Train investment trust. This is despite the trust having a challenging 12 months with its share price down nearly 34%. In October last year Canaccord Genuity completed the acquisition of Adam & Co through its wealth management business Canaccord Genuity Wealth Management.