News & Information

MARKET TURBULENCE POSES THE PERFECT BACKDROP FOR PRIMARY MARKET INVESTING. JENNIFER HILL SPEAKS TO OLIVER BROWN, LEAD MANAGER OF THE IFSL RC Brown UK Primary Opportunities FUND THE ONLY FUND DEDICATED TO INVESTING AT THE POINT A COMPANY IS RAISING MONEY. MARKET VOLATILITY MADE A COMEBACK IN 2018. WHAT DOES THIS MEAN FOR PRIMARY MARKET… Click to find out more

The Citywire A-rated managers of the IFSL RC Brown UK Primary Opportunities fund have significant firepower in their arsenal to take advantage of current market volatility and forthcoming primary opportunities. The trio – lead manager Oliver Brown alongside his two co-managers, Bob Brown and Alan Beaney – are holding 10% of the fund in cash,… Click to find out more

We participated in four primary opportunities in March – DWF, Diaceutics, PPHE Hotel Group and Astrazeneca whilst also adding RELX to the portfolio at a time of weakness. We are seeing a growing pipeline of potential deals despite the political uncertainty. DWF became the largest IPO in the UK in 2019 to date. We often… Click to find out more

We participated in three primary opportunities in February – Blue Prism, Kromek and Gateley. Whilst by no means a busy month for primary opportunities, we are seeing a growing pipeline of potential deals despite the political uncertainty, albeit this may result in some companies deferring fund raises until the UK reaches a settlement with the… Click to find out more

We participated in one primary opportunity in January – Savannah Petroleum. Unsurprisingly a quiet month for corporate activity after the Christmas lay off, we are aware of a growing pipeline of potential future primary opportunities which we shall appraise and consider for investment. We turned down two opportunities in January which did not meet our… Click to find out more

We participated in 5 primary opportunities in December – Grainger, Kier and Mercantile Port & Logistics, and added to our existing holdings in Marlowe and Gamma Communications. With markets volatile and declining markedly, we used the luxury of some of our cash balance to add to some of our existing holdings where we felt share… 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

Somewhere in the depths of the investment industry is a little known UK equity fund delivering for investors by doing things quite differently. In the three years to the end of September the IFSL RC Brown UK Primary Opportunities fund has returned 51.4%, beating the UK All Companies average of 32.3% by some margin. The… Click to find out more

We invested in a number of new primary opportunities during October. We are often asked what happens with primary opportunities when markets become volatile. The reality is good companies are still able to raise money in difficult market conditions and it can provide us with the opportunity to make purchases at even more attractive prices,… Click to find out more

A busy period for primary opportunities as we would expect at this time of year. The Fund saw strong inflows this month and we were able to deploy this in the primary opportunities that arose, as well as use market weakness to add to our holdings in the larger FTSE names. In September, The IFSL… 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