Philip Rodrigs to launch Raynar Flagship strategy

Will predominantly invest in UK smaller companies

Philip Rodrigs, founder of wealth management firm Raynar Portfolio Management and former manager of River & Mercantile's £1.1bn UK Smaller Companies fund, has launched his Raynar Flagship strategy.

The portfolio, which is available to professional investors only, will invest predominantly in UK equities over the majority of a "stockmarket lifecycle", focusing on companies further down the market cap spectrum in particular. In order to manage liquidity, the strategy will adopt a flexible approach to asset class allocation, with manager Rodrigs able to reduce his exposure to equities in favour of cash or other instruments to preserve capital during particularly turbulent market environments. Philip Rodrigs hires head of client relations for Raynar PM Rodrigs said: "I am excited...