Three smaller gems Chelverton's UK Growth fund is eyeing at launch

Chelverton Asset Management has revealed some of the stocks the group expects will power its new UK Equity Growth fund when it launches later this month.

Run by new hire James Baker (pictured) and David Taylor, the portfolio is designed to sit alongside the group's top-performing PFS Chelverton UK Equity Income fund. As expected with a Chelverton fund, the portfolio will focus on the smaller end of the market, with around 20% in mid-cap companies and the remainder very firmly rooted in the small-cap space. But what names do Baker and Taylor expect to thrive after a tough 2014 for smaller stocks? Below, they highlight three names they are preparing to back at launch. Elementis The specialist chemicals manufacturer is down margi...