Odey AM in ‘advanced talks’ to transfer funds to SW Mitchell Capital
Manager Oliver Kelton would move across with the European strategies
Manager Oliver Kelton would move across with the European strategies
The two fund houses had been collectively running £200m for the investment trust at the end of 2019
Boutique manager replaced on sub-advised funds totalling more than £750m
The £2bn Witan Investment Trust has dumped Marathon Asset Management as a pan-European equity manager after seven years and replaced it with Crux Asset Management and SW Mitchell Capital.
SW Mitchell has countered Neil Woodford’s recent bullish position on housebuilders, demonstrating a U-turn on the sector.
Russia is regaining appeal for emerging market investors but are there reasons to invest beyond a commodities recovery?
As more managers let go of their hang-ups over Europe and return to investing in the region, there could be a golden opportunity for active managers to outperform by getting sector specific and avoiding the usual defensive crutches.
Buying the worst house on a good block is a mantra that has served many a property developer well over the years. The converse to that, however, makes a less compelling argument especially if ones overriding philosophy is location, location, location.
SW Mitchell has extended its range of European equity products