CityWire – When I was looking at hedge funds last week, BlackRock Hedge Selector UK Emerging Companies, managed by Richard Plackett and Ralph Cox, stood out as one of the best performing listed offerings.
The team at BlackRock, which also includes Mike Prentis, has delivered impressive returns over the past few years. BlackRock Smaller Companies and Throgmorton Trust produced the best and third-best net asset value (NAV) returns within their sub-sector over the past 12 months. They describe themselves as pragmatic growth investors. Against the poor economic outlook for the UK they have been targeting companies benefiting from overseas growth, and these dominate their portfolios.
