Aggressive bets but mindful of risk

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With 30 year's investment experience, Morley's David Lis tempers the aggressive mandate of the UK Focus fund with basic risk measures

David Lis is not afraid to take aggressive bets in his Morley UK Focus fund, but has the caveat that he is always mindful of risk. Lis has managed the UK Focus fund since its launch in November 2001. With more than 30 years' investment experience, including eight years at Morley. Lis heads Morley's UK specialist and small-cap team of five, which manages more than £4bn in a range of high risk/high return and small-cap mandates. Morley UK Focus is one of the team's more aggressive funds and aims to achieve 4% outperformance above the FTSE All-Share on an annual basis. In pursuit of this go...