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Published on Nov 23, 2016
James Yardley interviews Richard Penny, fund manager of the L&G UK Alpha Trust and L&G UK Special Situations funds.
Over the past ten years the L&G UK Alpha Trust has returned 139% vs 65% for the IA UK All Companies sector*
Since Richard took over the L&G UK Special Situations fund in May 2014, the fund has returned 28.30% vs 11.95% for the UK All companies sector. Over the past five years the fund has returned 117.67% vs 73.40% for the IA UK All Companies sector.*
Past performance is not a reliable guide to future returns
*FE Analytics 23/11/2016 L&G UK Alpha Trust I Acc share class L&G UK Special Situations Trust I Acc share class