AIB eyes US cap market

AIB Govett's US Opportunities fund is focusing on smaller cap stocks in the technology, healthcare and telecoms sectors. The Oeic fund, which is managed by Giles Knight, has around two thirds of its portfolio in stocks with a market cap of less than $3bn with around 10% to 15% in large caps. Knight said US telecoms firms are benefiting from the falling prices of telecoms services, leading to increased usage by consumers. As a result the portfolio is invested in stocks including Spectrasite and Andrew Corporation. In the small cap technology arena, Knight is keen on businesses such as ...