Is the mid-cap run over?

The increasing popularity of medium-sized companies has benefited fund managers Andy Brough and Ashton Bradbury, even though their approaches are very different

The past year has seen the popularity of mid-cap funds soar, driven by the strong returns of the FTSE 250 area of the market since March. Fund management groups have begun to exploit this success and the subsequent interest from investors, leading to the number of mid caps in the IMA All Companies sector to grow. Recent launches include offerings from Credit Suisse and Threadneedle. However, the funds specialising in this area remain few, and among those are two of the strongest names in the industry which continue to gather in the assets on the back of their past performance. Performanc...