'At the end of the day, it comes down to the numbers'

After spending the best part of two decades at what is now BlackRock, Mark Lyttleton could surely be forgiven if he was finding the thrill of fund management beginning to subside. After all, he has run the group’s UK fund for more than 10 years and also manages two other portfolios well in excess of £1.5bn – including the retail market’s groundbreaking UK Absolute Alpha fund. But Lyttleton’s enthusiasm is certainly not waning. As anyone who has had the chance to watch him address a large group of investors would attest, it would be a near-impossible task to find another fund manage...