MARKETS SPECTATOR: BT's successful odd couple

BT's Paul Hannan and Noel Webster run the most successful small cap fund in Australia, and they pick stocks based on well run businesses not the macro cycle.

BT fund manager Paul Hannan and Noel Webster are different but perhaps that’s why their fund is successful.

They are - in the vein of Neil Simon's fictional characters - like fund management’s Felix Unger and Oscar Madison; investing’s odd couple.

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