L&G's UK equities specialist Richard Penny talks to Laura Dew about his investment strategy, and how recent political events could be a positive.
Experienced investor Richard Penny has spent more than a decade running UK equities at L&G Investments, and has been at the helm of the £220m L&G UK Alpha fund since 2005. The fund has delivered impressive performance over the year to 21 May, returning 20% versus a sector average of 7.7%, according to FE. Here he explains how his investment approach combines both growth and value, why he looks for ‘shooting stars and fallen angels’, and why the result of the Indian election could be positive for his fund. The fund is described as sourcing both ‘deep value and strong growth’, whereas ...
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