MandG promotes small cap manager

M&G Investments has promoted Matthew Cable to deputy manager of its £370m Smaller Companies Fund, led by Louise Nash.

MandG promotes small cap manager

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Cable has been at M&G since 2007, and has been a dedicated analyst on this fund since April 2011. Alongside Nash, he also works with existing deputy fund manager Garfield Kiff.

Taking a bottom up investment approach, the M&G Smaller Companies Fund invests in UK companies where good management can have most impact on earnings. Top ten holdings include Xaar, Anite and Booker.

According to Morningstar, M&G Smaller Companies Fund has delivered a positive return of 9.44% over five years against the IMA UK Smaller Companies sector average of 8.50%,
 

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