A piworld Thursday webinar
A double act with two extremely popular previous guests,
Andy Brough, Head of the UK & European Small and Mid Cap team at Schroders,
together with Richard Leonard, who runs a family office. They will be
discussing the market backdrop, Covid stocks, and other companies who will
benefit from the new normal.
Click here to register for the webinar.
About Andy Brough
Head of the UK & European Small and Mid Cap team
Manager of the Schroder Mid 250 Fund and the Schroder UK
Smaller Companies Fund
Co-Manager of the Schroder UK Mid Cap Fund plc and
Co-manager of the Schroder Institutional UK Smaller Companies Fund
Co-manager of Schroder ISF European Smaller Companies
Investment career commenced on joining Schroders in 1987
Chartered Accountant
BSc in Economics, Manchester University
About Richard Leonard
My interest in the London stock market came about in the
early 80’s – working over the summer holidays whilst at college, as a post boy
- leading to being somewhat of a gofer for a man call Zimmerman, who help build
Mercury Asset Management in the 1980s. The taste of the moving parts of
the City gave me my first real joy of City life – and I loved it.
1986 – joined Lazard Brothers (via the back door) as a Trust
Accountant, valuing and doing the daily book-keeping for investment trusts/unit
trusts. Had my chance to move to the front office in 1988 as an assistant
fund manager on the bond the international desks. Met my first real
mentor John Innes, helping to manage and win major international global
accounts – flying around the world in my mid 20’s. Realised the real way
to learn the skills needed to manage money was via mentors – very good
ones. My real passion is to manage money invested directly in stocks and
shares – where I saw the excitement and thrills – and having the belief I could
make serious money. Passed my analyst and other professional exams then
had the chance to join a real modern day investment legend - Richard Smith –
becoming his no.2 on the Lazard UK Small Companies desk. Over the
following 5 years gained the opportunity to build the investment style
foundation stones – I still follow today. The importance of skilled
mentors – is the real key to success of any young professional – especially in
the investment world. True 30 years ago – true today.
1997 – left Lazard to join the sell side (stockbroking),
Chaterhouse- specialising in small and mid-cap UK companies. An amazing
experience, helping to take a mid- ranking firm to No1.
2001 – sold my soul to Merill Lynch.
2005 – returned to the buy-side with Cazenove to help run
the UK focused hedge funds – mixing my stock picking skills to their business
cycle style. Ended up with about £1.5billion of funds to manage and becoming
one of the most successful performing UK hedge funds in the UK in that period,
especially the GFC.
2010 – left Cazenove to join Trium – a private family wealth
office – manging our own money – no clients – simply an absolute returned
focused approach. Long – short. And both short and long term objectives
and managing my own pa. money alongside.