Rodrigs sticks with Covid-19 beneficiaries after strong start for Raynar strategies

UK small-caps and online retailers power performance

So-called 'stay-at-home' stocks which benefited from widespread Covid-19 restrictions are set to maintain and grow their market share at the expense of high-street only firms, according to Philip Rodrigs, who is sticking with online retailers even as an easing of pandemic restrictions approaches.

The former manager of the Investec UK Smaller Companies fund, who established Raynar Portfolio Management in February 2020, has seen strong performance since launching the Flagship and Enhanced strategies last year powered by UK small-caps and online retailers.  Raynar Flagship's A Class shares have returned 54.1% since the strategy's 1 June inception, according to Bloomberg. Managed by Matthew Taylor, Raynar Enhanced's A Class shares have returned a capital gain of 32.3%, excluding dividends, since the strategy's 7 February 2020 launch. Rodrigs told Investment Week in July that hi...