News & Information

We participated in six primary opportunities in May in what was a busy month for opportunities – Brewin Dolphin, Sirius Minerals, Marlowe and Tritax Eurobox all raised fresh capital. Essensys was bought at IPO and we added to our holding in Hargreaves Lansdown as part of a secondary selldown. In May, the IFSL RC Brown… Click to find out more

We participated in three primary opportunities in April – Entertainment One, Diversified Oil & Gas and Yourgene Health. We are continuing to see a growing pipeline of potential primary opportunity deals despite the political uncertainty. In April, the IFSL RC Brown UK Primary Opportunities Fund returned +2.98% compared with +2.68% for the FTSE All Share… Click to find out more

Overall, the outlook for primary market fund raising is looking attractive, though it has been a subdued start to the year with the uncertain economic and political outlook. The IPO market in particular has started quietly, but is showing signs of life as we anticipate a pick up as the year progresses. We are already… Click to find out more

Despite a host of political concerns, the UK is once again looking like an increasingly attractive investment opportunity, writes Andrew Manners. Is it too early to chalk up a victory for the contrarians? With the Brexit saga showing few signs of abating, it is certainly hard to believe that UK stocks have done so well… Click to find out more

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