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

Schroder UK Smaller Companies

Ranked 33 out of 53 in - UK Smaller Companies over 12 months
All calculations are in GBP

Managed by

Andrew Brough

An Economics graduate from Manchester and a fund manager with more than 20 years’ investment experience behind him, Andrew Brough co-heads the Schroder pan-European small and mid-cap equity team. Brough runs unit trusts, including the Schroder UK Mid 250 fund, and a number of specialist institutional mandates for Schroders. Brough argues that mid-caps have greater potential for continued growth than larger companies, and he will often invest in companies with a unique product or service for which demand is strong. Conversely, he is disciplined in selling a stock if there are signs that increased competition will mean that company's unique advantage has been lost. He adopts a bottom-up investment style targeting firms with quality management and effective business models. Brough was born in Wallingford, Oxfordshire, in 1960 and has been with Schroders since 1987.

Rosemary Banyard

Despite the fact she is one of the UK's top female fund managers, Rosemary Banyard still manages to find time for her children on top of learning to play the violin and teaching a Sunday school class. Banyard is a UK Smaller Companies specialist and invests in companies she expects to provide long-term growth. She uses a bottom-up style and targets firms with unique products for which demand is not being met. Banyard's portfolio include the Schroder UK Smaller Companies unit trust. Born in March 1958, Banyard completed a degree in Classics from Cambridge University and an MBA from the London Business School. Her first post was in 1979 as a graduate trainee with James Capel and she became a key analyst at the group, with her areas of specialisation including textiles. In 1995 she got her first fund manager position with John Govett. She joined Schroders in 1997 and is co-head of the group's UK small Cap team and Pan-European smaller companies team.

Objective

To invest in UK smaller companies with the aim of long-term capital growth. The fund approach is 'bottom-up' - the emphasis is on each company in its own right, rather than making judgements about entire business sectors. The fund managers look for companies with a unique product for which demand is not being met elsewhere. Once a company moves past this stage and the competition has increased, we will sell the stock in favour of other companies with better growth prospects.

Performance

UK Smaller Companies over : 30/09/2013 - 30/09/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 -2.5% 1.9% -2.9% -1.4%
2013 45.5% 12.2% 6.5% 11.5% 9.3%
2012 25.7% 9.4% 0.0% 8.6% 5.8%
2011 -8.9% 0.8% 5.3% -13.6% -0.6%
2010 39.3% 4.4% 0.0% 17.1% 13.9%
2009 44.2% -3.4% 28.3% 16.7% -0.4%
2008 -42.8% -9.7% -5.4% -12.2% -23.7%
2007 -11.1% 5.0% 3.4% -8.8% -10.2%
2006 29.5% 12.1% -4.3% 4.3% 15.9%
2005 16.2% 5.0% -1.2% 7.0% 4.7%
2004 18.0% 7.9% -0.1% -2.6% 12.4%
2003 40.3% -8.3% 26.2% 14.9% 5.5%
2002 -16.8% 2.7% -3.9% -16.4% 0.7%
2001 -12.0% -11.7% 5.0% -21.4% 20.7%
2000 -4.4% 6.9% -9.4% 6.1% -6.9%
1999 93.2% 12.0% 10.2% 7.8% 45.1%
1998 -1.0% 17.7% 1.8% -21.5% 5.3%
1997 13.1% 6.7% -4.8% 4.0% 7.1%
1996 38.3% 9.7% 15.7% 2.3% 6.4%
1995 5.2% 1.6% 3.6%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/08/2011

Top 10 Holdings

Stock Size
GBP Cash 5.13
Dart Group PLC ORD 4.32
Avon Rubber PLC ORD 4.16
Charles Stanley Group PLC ORD 3.52
Ted Baker PLC ORD 3.15
Colefax Group PLC ORD 2.75
Consort Medical PLC ORD 2.46
Dechra Pharmaceuticals PLC ORD 2.28
James Fisher and Sons plc ORD 2.21
Carclo PLC ORD 2.21
31/08/2013

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date31/05/1987
  • Share Class size349Mn
  • Base currencyGBP
  • ISIN GB0007649535

Purchase Info

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

Charges

  • Annual management1.5%
  • Initial investment0

Related News

Schroders' Brough lifts Liontrust stake above 21%

Schroders' fund manager Andy Brough has increased his stake in Liontrust to above 21%.

Dodd and Littlewood lift Liontrust stake above 6%

Artemis duo John Dodd and William Littlewood have given Liontrust’s acquisition of Walker Crips Asset Managers the thumbs up by snapping up 550,000 more shares.  

Shrewdies net millions from Hamworthy bid approach

Walker Crips duo Stephen Bailey and Jan Luthman, Artemis' Mark Niznik, Schroders' Andy Brough, OMAM's Dan Nickols and Charlie Thomas of Jupiter are set to benefit from the 20% surge in Hamworthy shares. 

Second leading investor follows Brough to buy into Liontrust

A second leading smaller companies investor has followed Schroder UK Smaller Companies manager Andrew Brough in increasing his stake in Liontrust Asset Management.

Schroders' Brough doubles Liontrust stake to 30%

Schroders fund manager Andy Brough has bought an additional 15% in struggling small cap rival Liontrust Asset Management, taking his total holding in the group to around 30%.

A-rated Brough: 'No doubt things are getting better'

Schroders mid cap specialist Andy Brough is cautiously optimistic that the worst may be over as he sees reasons to be cheerful.

Fund Result: Andy Brough, Schroder UK Smaller Companies

ETF fund claims the top spot over first half of 2008

Citywire research into the best and worst funds of the first half of 2008 has revealed potentially depressing news for fund managers: the best performer was exchange traded.

Citywire Ratings Update: Schroders' Brough and Banyard positive after return to A and AAA

Schroders has seen two managers bounce from unrated to rated territory this month with Andy Brough and Rosemary Banyard receiving A and AAA Citywire fund manager ratings respectively.

Small-cap stars handed a compelling proposition

Peter Webb and other smaller company fund managers made a bundle on Compel this week after shares in the IT services firm surged on the back of a bid approach.

...more...

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