Small-cap bias for SGAM

The forthcoming UK Special Situations fund from SG Asset Management's is to have a mid and small-cap bias. Manager Hari Sandhu, who hopes to have launched the fund before the end of the year, is looking to buy stocks on a two to three-year view rather than focus on short-term gain. The market cap bias of the fund, which is still subject to FSA approval, will be changed to meet the dynamics of the market. The portfolio will have 50-60 holdings and Sandhu will invest using a four-stage model for picking stocks. This involves looking at the value of a company, its quality, catalysts for ...