Whiteoak puts faith in resources

investment week interview

The Framlington UK Small Cap manager is convinced the sector is in a pre-bubble phase, similar to the tech market 10 years ago

Framlington UK Small Cap manager Roger Whiteoak is taking bets on the resources sector and the future of the Aim index. Whiteoak, who joined the group from Rathbones, where he had built up a strong reputation as a small-cap manager, is convinced the resources sector is in a pre-bubble phase, which he describes as similar to where tech stocks were 10 years ago. After 20 years out of favour, Whiteoak is convinced the sector is cheap at a time when there is growing demand for resources globally. At the same time, he has built up a 35% exposure to Aim in his search for quality early-stage com...