Schroder UK Mid Cap manager Rosemary Banyard to depart


#1

Originally published at: http://whichinvestmenttrust.com/schroder-uk-mid-cap-manager-rosemary-banyard-to-depart/
Rosemary Banyard is leaving after 12 years managing the trust, and producing sector beating returns, but she’s handing over to the familiar face of long-term co-manager Andy Brough. She has announced she is quitting Schroder’s, where she’s worked for 17 years, and will cease to be manager of Schroder UK Mid Cap (LON:SCP) on 31…


#2

Schroder Mid Cap (SCP) has been a good long term holding, and I bought some for my son’s JISA a few years back - so hope performance holds up. The trust is one of Money Observers Rated trusts.

Recent performance has lagged JP Morgan Mid Cap (JMF) though, so I would consider that as a better alternative currently (has similar charges and yield).


#3

The mid cap area of the stock market is looking rather over valued at present. I think there’s more opportunities in the smaller cap area and maybe the mega caps for once too.

If I held this I would switch to something else.