Matt Evans, the new manager of the £300m Investec UK Smaller Companies fund, has turned over 30%-50% of the portfolio since he took over on 1 November, to reflect the funds new quality bias.
Previously, the fund was managed using the firm's 4Factor process before Evans was hired from Columbia Threadneedle Investments to be reunited with former colleagues Simon Brazier and Blake Hutchins at Investec Asset Management. At Columbia Threadneedle he co-managed the UK Smaller Companies and UK Mid 250 funds from December 2013. Alongside this, he was sole manager of the Threadneedle Ethical UK fund, as well as co-portfolio manager of a number of institutional mandates. Evans joined Investec AM last September and spent two months researching stocks in the existing portfolio, che...
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