Brough benefits from growth focus

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Andy Brough's schroder mid-250 fund has outperformed by avoiding insolvent companies and by anticipating future trends

Even though large cap stocks tend to rally first in a market recovery, it is fundamentals that drive share prices over the long term, Andy Brough, manager of the Schroder Mid 250 fund, said. Brough has managed the Mid 250 since its launch on 15 November 1999 and last month it was upgraded by Standard & Poor's from an AA rating to an AAA rating. If the market recovers, what will happen with small and mid cap companies? Large caps always recover first. People always tend to look at large companies first but this does not last too long because things only stay up if there is a valid reas...

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