Schroders Mid Cap overweight media

The Schroders UK mid-cap unit trust is overweight in technology, support services and media in the belief that IT stocks will drive the Mid 250 in 2000, writes Leo Bland. The Schroder UK Mid 250 fund was launched earlier this year and is run by Andy Brough and his investment team. Brough, who is head of the mid and small cap teams at Schroders, also runs the Schroder UK Smaller Companies fund for the group. Brough is taking the view that sectors including media stocks will benefit from the growth in the advertising spend by internet companies. Brough said: "A sector that is likely to rema...