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M&G appoints Cable as deputy on small cap fund
by Emma Dunkley on Mar 01, 2013 at 14:15
He joined the firm in 2007 and has been an analyst for the fund since April 2011.
M&G's Smaller Companies fund takes a bottom-up approach, investing in companies where robust management can have most impact on earnings.
The managers target above average capital growth and income is not a major factor, meaning the yield can be expected to be less than that of the FTSE All Share index. Top ten holdings include Xaar, Anite and Booker.
Over three years, the fund has returned 62.6% versus the benchmark’s 56.6%.
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