The techniques used in elite sports are being applied to give the investment management industry’s players an edge.

Football teams going into this World Cup are leaving no stone unturned in their preparations. The England team have trained in indoor heat chambers to ready them for the sweaty conditions in Brazil and nutritionists, chefs and a psychologist are all playing their part. The outcome, however, is not guaranteed - and that is not the only thing the tournament has in common with asset management.