Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Schroder Recovery

Ranked 65 out of 262 in - UK (All Companies) over 12 months
All calculations are in GBP

Managed by

Kevin Murphy

Kevin Murphy is a CFA Charterholder, and has degree in economics. He joined Schroders as a graduate in 2000, and began as a junior member on the UK fund management desk working on private bank portfolios. He is currently a member of the specialist value team, and co-manages the Schroder Recovery Fund alongside Nick Kirrage.

Nick Kirrage

Nick Kirrage has a masters degree in aeronautical engineering, and is a CFA Charterholder. He joined Schroders in 2001, and is a UK equity research analyst responsible for covering various sectors including transport, aerospace and defence and metals and mining. He currently manages the Schroder Recovery Fund alongside co-manager Kevin Murphy.

Objective

The scheme's investment objective is to achieve capital growth for investors through investment in companies that have suffered a setback. The scheme invests primarily in UK quoted shares. The investments are selected from those companies that have suffered a setback in terms of profits or share prices, but where the management and the prospects are believed to be good. The fund may also invest in collective investment schemes, derivatives, warrants and money market instruments.

Performance

UK (All Companies) over : 30/09/2013 - 30/09/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 -3.5% -2.2% -0.6% -0.7%
2013 45.5% 14.9% 3.9% 8.9% 11.9%
2012 34.4% 18.5% -6.8% 10.8% 9.8%
2011 -13.9% 1.2% 0.6% -16.7% 1.5%
2010 16.1% 8.7% -10.3% 13.6% 4.9%
2009 49.6% -6.4% 27.7% 30.1% -3.8%
2008 -26.9% -9.6% -6.3% -3.4% -10.7%
2007 -3.3% 3.0% 1.6% -4.5% -3.3%
2006 20.9% 9.1% -0.8% 5.4% 6.0%
2005 19.0% 3.6% 3.8% 5.6% 4.8%
2004 19.1% 10.3% 1.9% -2.4% 8.6%
2003 42.6% -6.2% 26.4% 11.4% 8.1%
2002 -12.2% 11.0% -4.0% -19.1% 1.8%
2001 6.8% 2.6% 9.8% -20.1% 18.6%
2000 4.6% -4.5% 6.5% -4.6% 7.8%
1999 34.5% 17.4% 13.2% -2.9% 4.3%
1998 -11.5% 13.4% -0.8% -25.4% 5.5%
1997 17.0% 4.2% 0.3% 11.5% 0.5%
1996 20.7% 9.0% 4.6% 3.5% 2.3%
1995 3.6% -0.1% 3.7%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/08/2014

Top 10 Holdings

Stock Size
AstraZeneca PLC ORD 7.58
GBP Cash 6.79
Royal Bank of Scotland Group PLC ORD 4.41
Rentokil Initial PLC ORD 3.85
Hewlett-Packard Co ORD 3.74
Barclays PLC ORD 3.66
BP PLC ORD 3.44
GlaxoSmithKline PLC ORD 3.26
WM Morrison Supermarkets PLC ORD 3.17
Vodafone Group PLC ORD 3.17
31/08/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date05/05/1970
  • Share Class size175Mn
  • Base currencyGBP
  • ISIN GB0007809824

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment50

Charges

  • Annual management1.5%
  • Initial investment3.25

Related News

The turnaround stories to back this year

More than five years since markets bottomed in the extraordinary aftermath of the credit crisis, a new generation of turnaround stories is emerging.

Schroders’ Kirrage: why I don’t back IPOs

Nick Kirrage of Schroders questions why investors would back an initial public offering right now and sees further upside in UK banks.

Performance review: why Saunderson House is sceptical on Japan

Japan’s disappointing fourth-quarter GDP growth figures have convinced Saunderson House investment director Christopher Sexton that Japan’s ‘Abenomics’ turnaround plan is not really working.

Schroders launches global recovery fund for AA-rated duo

Schroders has launched a global version of one of its top performing UK equities strategy.

Why Schroders' A-rated Kirrage loves 'astounding' banks and retaliers

Schroders A-rated Recovery fund manager Nick Kirrage explains why he has allocated a mighty two thirds of his fund to these two tradtionally 'unloved' sectors.

Rory Bateman replaces Buxton as Schroders UK equity head

(Update) Schroders European equity head Rory Bateman has taken up Richard Buxton's UK equity leadership responsibilities in a newly created role which will see the formation of a specialist value team.

Schroder A-rated duo hit as Blacks Leisure enters administration

Schroders' Nick Kirrage and Kevin Murphy’s contrary call on Blacks Leisure via their Schroder Recovery fund has failed to pay off after the firm became the latest retailer to enter administration.

How Johnson Service Group could clean up with 50% upside

When it comes to earnings growth potential, some companies jump off the page. They might have a niche specialist product, or may have secured a promising distributuion deal selling into emerging markets.

UK equity managers are afraid of beta

Recent research suggests that only 17% of UK equity managers are willing to take on a beta greater than 1.1. Does this suggest a herd mentality or a lack of conviction?

Can the new Schroders Income fund pair deliver?

The departure of AAA-rated Ian Lance and Nick Purves has left a big hole in Schroders' UK equity income team but gives two of the firm's rising stars, Nick Kirrage and Kevin Murphy, the chance to shine.

...more...

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).