The Daily Telegraph - Saturday - Money

HARRY NIMMO IN FOCUS: DART GROUP

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The owner of airline Jet2 has been a huge g beneficiar­y ry of the demise of f Thomas Cook this s autumn.

Value-for-money for-money airlines are re a difficult industry but what we have identified ntified is a standout player that provides ides a demonstrab­ly better customer experience p than its competito competitor­s. It is rated the ninth nin best in the world by TripAdviso­r users. The share shares are 80pc up since si Sept 1 and there is more to t go.

holdings for more than five years and eight have more than doubled in that time.

AND YOUR WORST?

Until a year ago I was able to say a company had never gone bust on me.

But Patisserie Holdings was a company I inherited when a number of funds were merged into my trust. I met the management team and thought it looked OK but, as we now know, there was some false accounting at the company.

The shares were immediatel­y suspended and there was no chance to exit, so that was a total loss.

HOW ARE YOU PAID?

I get a salary and bonus linked to fund performanc­e. About 40pc of my stock investment­s, and my family’s, are invested in the trust.

WHAT WOULD YOU BE IF NOT A FUND MANAGER?

I used to be a land surveyor, a guy with a tripod measuring angles and designing foundation­s for buildings, which I really enjoyed.

I spent three years in Saudi Arabia but realised I was never going to meet Mrs Nimmo or settle down working in remote parts of the world, so came back and trained to be a fund manager.

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