UK - Old Mutual Asset Managers (OMAM) has introduced a new fund focusing on the UK mid-cap sector.
The fund will be run by Ashton Bradbury, head of UK equities, working with Richard Moore, head of the UK growth fund. Subject to regulatory approval, the fund will be launched on February 11, 2002.
The UK mid-cap fund will capitalise on Bradbury’s analyses of the FTSE 250 and Moore’s experience of companies at the larger end of the mid-cap sector. The fund will hold approximately 50 companies from the mid-cap sector.
Bradbury commented: “The mid cap sector operates in a similar way to the smaller companies area in that significant opportunities exist to add value through careful stock selection.
“With my knowledge of the smaller market cap stocks within the sector and Richard’s of the larger, I am confident that we will be able to deliver excellent performance for investors.”
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