uk Opportunities portfolio to be an aggressive stockpicking fund aiming for absolute returns
Newton's forthcoming UK Opportunities fund will be an aggressive stockpicking vehicle managed on a total return basis. The new sub-fund to the Newton Oeic range is to be managed by John Wood, although Robert Shelton will also be involved in running the portfolio. The fund, which will be measured against its peers in the UK All Companies sector rather than a benchmark, is aiming for absolute returns. UK Opportunities will have a concentrated portfolio of around 40 stocks, with the top 10 holdings expected to comprise around half its assets. The launch period will be 21 January to 8 F...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
