Richard Staveley, Fund Manager of Rockwood Strategic (RKW), discusses why he believes the outlook for UK smaller companies is becoming increasingly compelling following a prolonged period of underperformance.
He explores the drivers behind the trust's investment approach, recent portfolio activity and where he's currently finding the most attractive recovery opportunities. Richard also explains how the team identifies undervalued businesses with clear catalysts for change, the importance of active engagement with portfolio companies and why he believes Rockwood Strategic shares many characteristics with private equity while retaining the liquidity and flexibility of investing in public markets.
