RLAM recruits Mitchell for UK Special Sits launch

RLAM has recruited Derek Mitchell to manage the Royal London UK Special Situations Trust. The ne...

RLAM has recruited Derek Mitchell to manage the Royal London UK Special Situations Trust. The new fund comes to the market on 20 July and will invest in a concentrated portfolio of UK companies in special situations with the potential to achieve above average returns. Minimum investment is £1,000, initial charge is 4% and AMC is 1.4%. Mitchell joins RLAM from Rutherglen Capital, where he managed a long/short global media fund.