BlackRock's Cox looks to up micro caps in UK Smaller Cos

The £377m BlackRock UK Smaller Companies fund is looking to up its weightings at the small- and micro-cap end of the scale as Ralph Cox takes full control of the fund.

Cox has helped run the fund alongside Richard Plackett since 2003 but has just taken over as lead manager. He talked to Asset TV about what he looks for in a stock, why he is a huge fan of plastics manufacturer Victrex, and the outlook for the fund post-Plackett. What is the fund looking to achieve? The primary objective is to deliver capital appreciation for investors. We also aim to achieve top-quartile performance against the peer group and to beat the benchmark. How do you go about that? The cornerstone of the investment process itself is meeting company management teams either...