ANDREW McDonald, manager of the £6m Parkfield UK Smaller Companies fund, has positioned the portfolio with a ‘defensive mid cap' bias amid uncertainty over UK interest rate movements and the strength of the dollar.
McDonald, whose fund has outperformed the IMA UK Smaller Companies sector since launch this February, said it would take at least until the next meeting of the Bank of England’s Monetary Policy Committee...
‘Most significant’ upgrade since launch
Changes happening over coming months
Had accepted British Steel business
Aimed at HNW clients and family groups
Set for 1 April 2019