Recovery opportunities help Trenchard to bounce back

Quality core holdings with a satellite portfolio deliver top-decile performance

Caspar Trenchard has just passed the second anniversary of managing the £226m Standard Life Investments UK Opportunities fund, a period in which the vehicle has negotiated well through the severe market volatility. Over one year to 17 August, the fund is ranked 19 out of 312 in the IMA UK All Companies sector, climbing 1.6% against an average 8.3% decline, according to Morningstar. On the three-year view, the fund is up 6.8% compared to an average 10.4% fall, while the SLI vehicle has returned 67.8% over five years. The Standard Life Investments UK Opportunities fund aims to achiev...