News » Raynar Reaches £100m Milestone as Raynar Flagship Celebrates First Anniversary
Raynar Reaches £100m Milestone as Raynar Flagship Celebrates First Anniversary
June 2021, London
Raynar Portfolio Management (Raynar, RPM) today celebrates the first anniversary of Raynar’s Flagship Strategy. Assets Under Management (AUM) in the strategy have expanded approximately four-fold since launch to reach £44m courtesy of a combination of sector leading returns* and inflows from a broadening range of Clients.
Raynar is also pleased to confirm that firmwide Assets Under Management** have exceeded the important £100m milestone, within 18 months of the boutique’s formation.
Philip Rodrigs, Founder and Portfolio Manager said: “I would like to thank all the Clients who have supported Raynar in our break-through year. We are delighted that our founding performance-first ethos has come to fruition in such a positive way. Market conditions have been exceptionally attractive for active fund managers and, I believe, look set fair to continue.”
Raynar now has two strategies available to qualifying Professional Investors. Investors wishing to learn more are invited to visit the website: www.raynarpm.com
Notes to Editors:
*Sector leading performance refers to analysis utilising Bloomberg’s ‘Fund Search’ function. For Raynar Flagship, using the term ‘IA UK Smaller Companies’ shows Flagship’s performance comfortably within the top decile over 12 months to end May 2021.
**Firmwide Assets Under Management totalled £101.6m as at 28th May 2021 inclusive of confirmed subscriptions in process