Author: Richard Hindle

These are indeed unusual and unprecedented times. Following the sharpest market falls in history in March, we have seen some recovery in April as markets start to look forward to economies beginning to re-open after lockdown. There is no doubt that lockdown measures will be eased gradually and the recovery will take time. It is… Click to find out more

We invested in two new holdings during the month – Angling Direct and Mears, both raising new money for expansion. Two sub underwriting opportunities arose in Restaurant Group and Grainger. In November, the IFSL RC Brown UK Primary Opportunities Fund returned –1.67% compared with –1.64% for the FTSE All Share and -1.54% for the IA… Click to find out more

In August, The IFSL RC Brown UK Primary Opportunities Fund returned -1.51% compared with -2.76% for the FTSE All Share. A quieter month for the Fund compared with July, which is to be expected during peak holiday season. Nevertheless we still participated in some interesting opportunities – primary placings in Jadestone Energy, IG Design and… Click to find out more

In July, The IFSL RC Brown UK Primary Opportunities Fund returned 1.34% compared with 1.29% for the FTSE All Share. Whilst only a modest outperformance, this was a pleasing return given the out performance of the FTSE 100 compared with the Mid and Small Cap indices, which we are invariably overweight in. An exceptionally busy… Click to find out more

In June, The IFSL RC Brown UK Primary Opportunities Fund returned 0.68% compared with -0.21% for the FTSE All Share. Another busy month for primary opportunities saw us participate in a number of attractive opportunities. We participated in primary placings in The Gym Group and Alliance Pharma and secondary placings in Standard Life Aberdeen, RBS,… Click to find out more