Alexandra Jackson, manager of the Rathbone UK Opportunities fund, talks to us about UK equities: how they have performed, the impact of UK political and economic turmoil, why mid-cap stocks are attractive, and why M&A targets are no longer vulnerable companies but trophy assets. She also tells us which stocks she has sold recently, reveals which real estate company has locked-in cheaper energy prices for its tenants, and gives us some hope amidst all the doom and gloom.

What’s covered in this episode: 

• How growth stocks have performed in the past six months
• Whether the manager has made any changes to the portfolio following the political and economic upheaval in the UK
• Which stocks the manager has sold and why
• Why M&A activity has moved from snapping up vulnerable companies to buying trophy assets
• Why the manager favours medium-sized companies over larger ones
• Which company is benefitting from the rise in cyber attacks
• Why the manager has been testing the energy resilience of her companies
• Which real estate company has managed to lock-in cheaper energy prices from 2020
• The positives to be found amidst all the doom and gloom

More about this fund:

Rathbone UK Opportunities is a flexible fund targeting quality growth businesses. The manager looks to take advantage of cheap UK valuations, but avoids the ex-growth, large-cap dinosaurs. She combines structural winners with a strong core of high-quality compounders and the final portfolio consists of around 50 to 60 holdings, with a bias to medium-sized companies.

Learn more on fundcalibre.com

Please remember, we’ve been discussing individual companies to bring investing to life for you. It’s not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre’s research methodology and are the opinion of FundCalibre’s research team only.

Learn more on fundcalibre.com

Please remember, we’ve been discussing individual companies to bring investing to life for you. It’s not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre’s research methodology and are the opinion of FundCalibre’s research team only.