Rodrigs stocks up on Covid-19 beneficiaries for new strategy

LoopUp and BigBlu Broadband head Raynar Flagship's top ten

Philip Rodrigs is betting on coronavirus beneficiaries to help his Raynar Flagship strategy get off to a flying start, after finding "a lot more high-conviction ideas than I might have reasonably expected".

Rodrigs told Investment Week he had been surprised at some of the low valuations still ascribed to some UK small-cap stocks that were likely to see increased demand from the Covid-19 pandemic, particularly benefiting from an uptick in the number of employees working from home. The two largest holdings in Raynar Flagship are satellite broadband provider BigBlu Broadband and video conferencing system LoopUp, which accounted for 13.1% of the portfolio as at 30 June. Philip Rodrigs returns to investing with Raynar Portfolio Management "By the [strategy's] launch date of 1 June, Covid-1...