Felton primes for outperformance

mike felton, manager of rsa investments' uk prime fund, runs his concentrated portfolio with a cyclical slant

RSA Investments' Mike Felton is the manager of one of the new breed of focused funds seeking to prove that concentrated portfolios can give good managers the ability to outperform their peers. As well as the UK Prime fund, Felton manages RSA's mainstream £400m Equity Oeic fund. RSA UK Prime is ranked 111 out of 303 funds in the UK All Companies sector over the three months to 6 March on a fall of 0.2%, according to figures from Standard & Poor's. Royal & SunAlliance Equity is 67 out of 303 over three months in the UK All Companies sector on growth of 0.6%. Both funds have an A-rating f...