NU small cap change

Neil Basten has been appointed manager of the £195m Dresdner RCM UK Smaller Companies unit trust, following the departure in July of the fund's manager Andrew Impey. Basten is joining the group from Norwich Union where he ran the UK Smaller Companies fund since 1997. Over the three years to 9 August the frA rated Oeic fund is ranked 16 out of 69 in the UK Smaller Companies peer group. During the period it rose by 118.7% compared to an average rise of 87.2%. In contrast over the same period the Dresdner unit trust is ranked 20 rising by 108.2% offer to bid. Basten will take charge of th...