Wealth Manager - the site for professional investment managers

Register for full access to Citywire’s Fund Manager database, news and analysis. Registration is free and only takes a minute.

BlackRock UK Special Sits: when will we sell our star holdings?

Roland Arnold, manager of the BlackRock UK Special Situations fund, has done well from investments in the likes of Ashtead and Howden Joinery.

The former’s share price has surged by 1,500% over the past five years, and the latter’s by 350%.

Such stocks have helped Arnold’s £2 billion Citywire Selection fund return 118% through that period, a top-quartile performance in the UK All Companies sector where the average fund has generated 95.2%.

For much of that time, Arnold has co-managed the fund with Richard Plackett, who took a six-month sabbatical in March this year. In this interview, Arnold discusses the differences between their approaches.

Arnold also reveals why he is backing industrials despite the apparent death of manufacturing in the UK, and explains his modest overweight to the tech sector despite the battering it has taken recently.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Paul Niven: I won't rip up the Foreign & Colonial Trust history book

Paul Niven: I won't rip up the Foreign & Colonial Trust history book

The newly appointed manager of the Foreign & Colonial trust talks about his plans for UK's oldest investment company.

Play Dangerous daisy chains, Black Friday blues and Uber valuations

Dangerous daisy chains, Black Friday blues and Uber valuations

This week’s Investment Pulse looks at the domino effect in European banks, America’s disappointing Black Friday and how much Uber is really worth.

Play Baillie Gifford's Snell bullish on India's prospects following election

Baillie Gifford's Snell bullish on India's prospects following election

Citywire AA-rated manager is seeing good overall growth for the Asia reason but is wary of varying valuations.

Your Business: Cover Star Club

Manchester wealth firm hires Coutts director for London launch

Manchester wealth firm hires Coutts director for London launch

Former Coutts director Tony Robinson has joined Chartered Wealth Management to head the company’s newly opened London office.

Wealth Manager on Twitter