Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. 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 Volatility is back, Europe's future & Ethical's key moment

Volatility is back, Europe's future & Ethical's key moment

This week’s episode of Investment Pulse takes a look at European prospects, FTSE volatility and whether public pressure is about to provide a push for ethical investment

Play Volatility spike: How ETFs can soften the blow

Volatility spike: How ETFs can soften the blow

ETFGI’s Deborah Fuhr discusses the role of ETFs in client portfolios during volatile market conditions

Play Winter market warmers, the post QE world and timing the Fed

Winter market warmers, the post QE world and timing the Fed

This week’s episode of Investment Pulse looks at the winding down of quantitative easing, whether to try and time a US Federal Reserve rate rise and if strong seasonal performers can reverse recent market slumps

Wealth Manager on Twitter