Jupiter UK Special Situations
Ben Whitmore has managed this £1.2bn fund since joining Jupiter from Schroders in 2006. Seeking out stocks he considers to be undervalued, he currently has significant exposure to the financials, consumer services and healthcare sectors. Mr Whitmore has a contrarian bias when seeking out opportunities. For the stocks that make it into the fund, he must be convinced of the financial security and strong franchise. In five years to date, the fund has posted 106.48 per cent, placing it in the second quartile when compared against its IMA UK All Companies sector peer group.
EDITOR’S PICK
Marlborough Special Situations
At £719.5m this fund is one of the smaller established special situations funds and sits in the IMA UK Smaller Companies sector. Managed by veteran investor Giles Hargreave, the fund offers access to the small- and micro-cap end of the market with more than 60 per cent of the fund allocated to these types of companies. Popular sectors are industrials, consumer services and financials. In five years, the fund has returned 251.43 per cent, compared to the IMA UK Small Companies sector return of 196.87 per cent, ranking it fifth within its peer group.
