S.W. Mitchell unveils UK Recovery fund

S.W. Mitchell Capital has expanded its equity fund range with the launch of a UK recovery fund for Brian Cullen.

Cullen - who has worked at the group for four years - will invest across the market cap spectrum, buying what he sees as undervalued businesses with the potential to bounce back after tough spells. He will be assisted by the group's small-cap European manager Jamie Carter. Cullen said: "Similar to the positioning in our broader European strategy, the core of our UK portfolio is in those companies exposed to a domestic recovery. "While many domestically-orientated stocks have done very well over the last 12 months, we believe the market continues to underestimate the recovery in a n...