Old Mutual Asset Managers is getting back on the front foot
again with its long-running UK Specialist Equity Fund as part
of a broader expansion of the firm’s hedge fund
Run by Ashton Bradbury, the long/short strategy –
which focuses on smaller and mid-cap stocks in the UK
– has delivered a very solid performance over the nine
years that it has now been going since its inception in March
The fund’s annualised volatility through an
exceptionally volatile and changeable equity market cycle is
extraordinarily low at just 3.6%, while the annualised return
of 7.2% (which includes a gain of 5.5% in 2011) has been
achieved with the rare distinction of no down years in its main
sterling share class.
Never a high-capacity vehicle in the first place, having
been hard-closed in the past at just £160 million, the
fund dwindled to virtually...