Aldridge focuses on long-term picture amid difficult first year

F&C Special Situations manager takes a more diversified small- and mid-cap approach while navigating inherited portfolio through current volatility

Hilary Aldridge has faced unprecedented market conditions in her first year in charge of F&C's Special Situations fund. She took on the mandate when Luke Newman departed the group in January 2008, having built up a strong reputation deputising for Ted Scott on the Stewardship range. Aldridge was responsible for small- and mid-cap stock selection across the ethical vehicles, equipping her to run a typical special situations portfolio. She says the fund remains reasonably focused with 60 stocks but less so than under Newman, with a more diversified small- and mid-cap element. Like mos...