Collins Stewart unveils UK Focus fund

Managed by David Shapiro, the fund aims to outperform the FTSE All Share index with a concentrated portfolio of 30 stocks, held typically for a three to five year period. Shapiro joined Collins Stewart in August 2007, after heading up UK Value at Morley Fund Management. He has also managed funds at UBS Asset Management, Montanaro, the Universities Superannuation Scheme and Manulife. Commenting on his value approach to fund management, he says: “This approach, which I have adopted for the past 20 years, is extremely prevalent in the US, and, I believe that this style of investing will beco...