Two-tier structure the key to S&W European Growth outperformance

Mark Pignatelli employs a half-and-half strategy on Smith & Williamson European Growth fund, combing through 1,300-stock universe

Having begun his investment career at Baring Asset Management in 1987, Mark Pignatelli developed a bespoke investment philosophy and process as head of the group’s European investment team. He moved to Schroders in 2000 as head of Europe and subsequently chief investment officer, before joining Smith & Williamson in 2008. Pignatelli recently spoke to Asset TV, describing his latest approach to running money within the European Growth Trust. How would you describe this fund – what are its aims and objectives? The fund is called the European Growth Trust, meaning it focuses on capit...