The mid-sized equity fund has trundled through an unremarkable past five years, gaining 80.3% against a FTSE All-Share index total return of 78.3%.
But in a statement the group said it had appointed its deputy head of equities, Phil Haworth, alongside the fund’s longstanding manager Audrey Ryan.
Kames is also introducing a “modular approach” to the fund that will target “under-appreciated stocks”, the group said.
The modules include a core multi-cap stock-selection process, a group of smaller-sized shares with exciting long-term prospects, and a thematic portion of the fund.
The mid fund will remain a concentrated “unconstrained” portfolio, the group said.
Kames Capital director of wholesale business, Steve Kenny, said: “We have made these changes to the Kames UK Opportunities Fund as part of an overall reinvigoration of this high conviction, high alpha unconstrained stockpicking fund.
“We believe Phil’s macro experience combined with Audrey’s knowledge of the small to medium size market will complement each other to maximise investor returns.”
