Avoid stock picking to 'limit human biases' - Miton's Rayner

"We buy baskets - we're not stock pickers - we don't visit companies, a lot of our competitors do," said Rayner (pictured). He said that when he and fellow co-manager David Jane used to work at M&G, which was then part of Prudential, they would have access to and visit a lot of big companies. "These [companies] are run by people who are by definition very entrepreneurial and very passionate about what they do," he said. "We just found ourselves coming out thinking 'that's a really well run business, they're a really nice bunch of people, they seem to know what they're doing' and a big...