News » Raynar Flagship Achieves 3 Year Milestone
Raynar Flagship Achieves Three Year Milestone
June 2023, London
Raynar Portfolio Management (Raynar, RPM) celebrates the third anniversary of Raynar’s Flagship Strategy. Strong net inflows combined with a top quartile total return* of 29.1% since launch sees assets under management stand at £26.5m – a strong foundation for the next three years and beyond.
Philip Rodrigs, Portfolio Manager said: “Raynar Flagship is set fair despite having to navigate choppy waters brought on by the challenges of the pandemic and subsequent inflationary pressures exacerbated by war in Europe. It is pleasing to have delivered a 9% CAGR since launch despite the toughest investing environment I’ve experienced in my career. Having battened down the hatches, it is important to recall the potential for out-sized returns following previous drawdowns in 2009 and 2020. With scope for a rare, but not impossible, economic soft landing ahead, it is all hands on deck to position to capture the opportunities within the deeply attractively valued smaller end of the UK equity market.”
Notes to Editors:
*Past Performance is not a reliable indicator of future performance. Strategy total return is calculated inclusive of cumulative dividends declared to date net of 1% per annum management fee and costs to provide comparability with peer group identified with Bloomberg’s ‘Fund Search’ function. Using the term ‘IA UK Smaller Companies’ the strategy ranked within the top quartile amongst 187 peer funds with a total return of 29.1% from end May 2020 to end May 2023. AUM at end May 2023 was £26.5m.
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