Tom Dobell, manager of the £7.2bn M&G Recovery fund has rejigged his portfolio extensively since the financial crisis to take advantage of opportunities as they emerge.
Of a total of 96 holdings in the fund, Dobell has bought 34 since the start of 2009 as he adjusts his holdings in the aftermath of what he calls the global financial crisis "mark I". The top performing manager - who has returned 52.9% to investors in the last three years compared to a UK All Companies sector average of 41.2% - has recently been adding to a number of these positions as he prepares the portfolio for 2012 and beyond. Below are some key stocks in which he has increased his weighting. BP Having backed BP in the aftermath of the Macondo disaster, the stock is now the ...
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