Rensburg's Spencer sticks to agnostic stockpicking to negotiate market volatility

Rensburg manager builds up big overseas bias and stays away from UK consumer to beat benchmark despite market turbulence

Rensburg’s UK fund manager Paul Spencer has built up a big overseas bias in his UK Mid Cap Growth portfolio. Spencer has been buying into domestic businesses with non-UK earnings and staying well away from the British consumer. Spencer discusses his investment strategy, how it has fared during the last four years and gives his outlook for the next 12 months. What is the investment strategy on the fund? The fund is a mid-cap portfolio, and the strategy is to invest in the constituents of the FTSE 250. I do not move outside that remit so you will see the fund only in that index. ...