This is a brand-new strategy and therefore at this stage we do not have details on holdings, performance etc. Alan managed the ASI Global Smaller Companies for several years. This recently went through a period of underperformance and this could have been attributed to the size of the strategy or the style being out of favour. If it was a combination of the two then opening a new strategy which is much smaller may benefit potential investors. He does however face tough competition as ASI have a specialist smaller companies team, they have a developed called the matrix and Harry Nimmo has gone back to managing the ASI fund.
This was an introduction to the new team. Alan started by explaining that the strategy will be like that at ASI. He will look to invest in between 40 to 60 companies and focus on quality, growth, and momentum characteristics. He explained that Premier have a strong pedigree in smaller companies, and they will look to harness ideas across these desks….read more