mANAGERS OF UK MID CAP FUNDS believe economic indicators in the us point towards a recovery in the ftse 100
At the start of the decade, Dresdner's UK desk was something of a puzzle. It had performance numbers most managers would die for but never translated this into decent sales figures via the intermediary channel. Soon after, many of Dresdner's UK desk members went their separate ways, Derek Lygo to First State, Paul Sheehan and Justin Segar to Jupiter and Stuart Fowler to Axa Investment managers. Lygo's new employers quickly made him head of UK equities, launched the British Mid Cap fund, now £37m in size, and gave him the £9m British All Companies and £15m British Opportunities funds to ru...
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