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 Investment Pulse: the highs and lows of 2014

Investment Pulse: the highs and lows of 2014

This week's Investment Pulse looks back at some of the biggest stories of the year as well as looking forward to 2015.

Play Inside ETFs: Why the US bull-run still has legs

Inside ETFs: Why the US bull-run still has legs

Global equities suffered a sharp sell-off in the third quarter but exchange traded fund investors are continuing to back the US to outperform in 2015

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.

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