About UK Mid Cap
The Martin Currie UK Equity Team offer a diverse suite of products across the capitalization spectrum driven by the power of investing in undervalued companies with superior quality metrics, management and sustainable cash flow profiles.
We are long term, active UK equity stock pickers. As traditional UK equity investors we adopt a commonsense approach in what we do – long only, profitable, UK listed, direct equity investment. Our rigorous fundamental research process enables us to identify the very best opportunities within the universe whilst keeping the spotlight on balance sheet quality, business model sustainability and valuation. We apply a naturally sceptical approach to our asset valuation process, maintaining awareness of the bear case scenario and the impact to investor returns. With no intentional style bias our portfolios offer high quality exposure across the capitalization spectrum managed in a collaborative environment from the heart of Leeds, UK.
ESG analysis is conducted and embedded into our research process. Our focus on materiality, engagement, and ultimately valuation enables us to integrate our proprietary ESG scoring system into the stock-selection process through appropriately adjusting company cash flow forecasts.
Our UK Mid Cap portfolios are aligned to the same overarching common-sense philosophy applied by the team. We believe that high quality UK companies generating sustainable cash flows and trading on reasonable multiples offer significant potential to outperform the broader market over the long term.
We remain differentiated with a disciplined focus on the FTSE 250 which we believe offers diverse investment opportunities and exposure to attractive, high-growth companies. Our concentrated approach provides investors with high conviction, pure UK exposure underpinned by the domestic nature of the FTSE 250, and a materially distinct earnings profile to that of the FTSE 100.
The Martin Currie UK Equity team have been managing UK Equity portfolios since 1995, making them the longest tenured team across all IA sectors. Based in Leeds away from the “noise” of London the team operate in a collaborative manner where desk-based discussion and challenge is encouraged.
The results are rigorously scrutinised investment theses presented in high conviction portfolios of reasonably valued, quality UK companies.
| Portfolio characteristics | UK Mid Cap |
|---|---|
| Long-Term objective | To grow in value by more than the FTSE 250 (ex-Investment Trusts) Index, from a combination of income and investment growth over a three to five-year period net of fees and costs FTSE 250 (ex-Investment Trusts) Index |
| Benchmark | FTSE 250 (ex-Investment Trusts) Index |
| Allocation | UK shares listed on the FTSE 250 |
| Market capitalisation | Mid-cap |
| Style | Diversified with a focus on quality fundamentals |
| Number of stocks | 30-50 |
| Portfolio turnover | 20-40% |
| Inception | July 1999 |
How to invest
Please contact us to discuss the most appropriate investment to meet your requirements.
How to invest
Martin Currie is a Specialist Investment Manager of Franklin Resources Inc, operating as Franklin Templeton.
Franklin Templeton is responsible for the sales and client service of our funds for financial advisers and individual investors.
If you would like to find out more about these funds, please visit the Franklin Templeton website.
Alpha generation
Proven philosophy to exploit under-appreciated profit growth
Sustainable growth
Targeting high quality businesses with sustainable growth at attractive valuations
Stock driven
A diversified portfolio in which stock-specific insights drive returns
Managed risk
Portfolio informed by proprietary investment research and sophisticated risk analytics
Long term investing
Compounding investor returns over multi-year holding periods
ESG analysis fully integrated
All Martin Currie portfolios focus on Stewardship
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Investors committed to UK Equities
Investing in UK Equities need not be complicated. Read how our experienced UK Equity team instil pragmatism in the roots of their long-term philosophy here.
Richard Bullas
- Job title
- Co-Head, UK Equities (Small & Mid-Cap)
- Experience
- 23 years
Ben Russon
- Job title
- Co-Head, UK Equities (Large Cap)
- Experience
- 23 years
Dan Green
- Job title
- Portfolio Manager & Research Analyst
- Experience
- 13 years
Marcus Tregoning
- Job title
- Portfolio Manager & Research Analyst
- Experience
- 17 years
Will Bradwell
- Job title
- Portfolio Manager & Research Analyst
- Experience
- 11 years
Jo Rands
- Job title
- Portfolio Manager & Research Analyst
- Experience
- 18 years
Courtney Westcarr
- Job title
- Research Analyst
- Experience
- 7 years
We remain differentiated with a disciplined focus on the FTSE 250 which we believe offers diverse investment opportunities and exposure to attractive, high-growth companies.
Related insights
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Martin Currie announces new leadership roles within its Leeds-based UK Equity team
Martin Currie is delighted to announce that Ben Russon and Richard Bullas will co-head Martin Currie’s UK Equity team effective 1 October 2022.
- Date published
- 5 Sep 2022
- Tag
- UK Equity
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UK Equities: Where next?
Despite a turbulent start to 2022 there are green shoots appearing in UK Smaller Companies, according to Martin Currie UK Equity’s Dan Green. Read his views on the opportunities arising in the sector here.
- Date published
- 22 Feb 2022
- Tag
- UK Equity
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Why now? UK small cap equities
Many investors fell out of love with the UK stock market when they encountered headwinds such as Brexit and COVID-19. But despite a choppy start to 2022 there are green shoots appearing as we venture down the cap spectrum, according to Martin Currie’s Dan Green. He shares his views on UK Smaller Companies and the opportunities arising in the sector.
- Date published
- 22 Feb 2022
- Tag
- UK Equity
Regulatory information and risk warnings
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The opinions and views in this website do not take into account your individual circumstances, objectives, or needs and are not intended to be recommendations of particular financial instruments or strategies to you. This website does not identify all the risks (direct or indirect) or other considerations which might be material to you when entering any financial transaction. You should consult with your professional advisers before undertaking any investment activity. The information provided on this website should not be treated as advice or a recommendation to buy or sell any particular security or other investment. The information on this website has not been reviewed by any competent regulatory authority.
Regulatory information and risk warnings
Past performance is not a guide to future returns
This information is issued and approved by Martin Currie Investment Management Limited (‘MCIM’). It does not constitute investment advice. Market and currency movements may cause the capital value of shares, and the income from them, to fall as well as rise and you may get back less than you invested.
The analysis of Environmental, Social and Governance (ESG) factors form an important part of the investment process and helps inform investment decisions. The strategy does not necessarily target particular sustainability outcomes.
The information provided should not be considered a recommendation to purchase or sell any particular security. It should not be assumed that any of the security transactions discussed here were, or will prove to be, profitable.
The views expressed are opinions of the named manager as of the date of this document and are subject to change based on market and other conditions and may differ from other portfolio managers or of the firm as a whole. These opinions are not intended to be a forecast of future events, research, a guarantee of future results or investment advice.
The information contained has been complied with considerable care to ensure its accuracy. However, no representation or warranty, express or implied, is made to its accuracy or completeness. Martin Currie has procured any research or analysis contained in this recording for its own use. It is provided to you only incidentally and any opinions expressed are subject to change without notice.