SMALL CAP IDEAS: Old-fashioned stockpickers at Aurora Investment Trust bet on Sports Direct



In a world where speed is increasingly the fashion, careful selection and patience might sound an old-fashioned way of investing.
But that’s the philosophy at Phoenix Asset Management and already it has worked wonders on the performance of Aurora Investment Trust, which it manages.
Aurora is now worth £70million, from £15million, when Phoenix was appointed in January 2016, and trades at a modest premium to its net asset value, generally a sign that investors are happy at how things are going.
The trust currently only holds 17 stocks, all of which have been chosen on the basis they will be... read more

 
31 July 2017 in Business, Views: 49
Source: Daily Mail
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