News & Information

Recent news stories regarding our MFM UK Primary Opportunities Fund are below.
Regulatory statement

11th June 2020

Like most investment managers we like to buy shares in companies that are growing their profi ts and distribute some of this to their shareholders by way of dividends. The covid-19 pandemic has seen many companies cut or cancel dividends, in order to preserve cash in these greatly uncertain times. Generally though, share prices do… Click to find out more

11th June 2020

These remain unusual and unprecedented times. Following the sharpest market falls in history in March, we have seen a reasonable bounce in April & May as markets look ahead to the tentative re-opening of economies and belief that the worst of the economic data and pandemic has passed. A second wave remains a possibility and… Click to find out more

9th June 2020

Like most investment managers we like to buy shares in companies that are growing their profits and distribute some of this to their shareholders by way of dividends. The covid-19 pandemic has seen many companies cut or cancel dividends, in order to preserve cash in these greatly uncertain times. Generally though, share prices do not… Click to find out more

20th May 2020

Oliver Brown examines the best options for investors looking to minimise losses in the current bear market and re-build their wealth as recovery takes shape What Investment May 2020

20th May 2020

Oliver Brown, co-manager of RC Brown’s MFM UK Primary Opportunities fund, has added nine new positions to his portfolio in the last four weeks amid an investment backdrop he likens to 2009. www.investmentweek.co.uk/interview/4014572/rc-brown-brown-snaps-share-issuances-amid-2009-style-opportunity-set

20th May 2020

These are indeed unusual and unprecedented times. Following the sharpest market falls in history in March, we have seen some recovery in April as markets start to look forward to economies beginning to re-open after lockdown. There is no doubt that lockdown measures will be eased gradually and the recovery will take time. It is… Click to find out more

8th April 2020

March market meltdown, where do we start? Firstly, some facts – this was the fastest market move into bear territory in history, (a fall of greater than 20% from peak), taking just three weeks. The reason is financial markets simply do not know how to price in the potential for global economic lock down for… Click to find out more

10th March 2020

We participated in four primary opportunities in the month – Midwich raised new money for acquisition purposes, whilst there were secondary sell downs in Wizz Air, Hargreaves Lansdown and Gateley. In February, the MFM UK Primary Opportunities fund returned -8.68% compared with –8.89% for the FTSE All Share and -9.30% for the IA UK All… Click to find out more

12th February 2020

We participated in one primary opportunity – IG Design raised money to acquire a US business in what is anticipated to be a materially earnings enhancing deal. In January, the MFM UK Primary Opportunities fund returned -1.51% compared with –3.25% for the FTSE All Share and -2.40% for the IA UK All Companies sector. Hopes… Click to find out more

10th January 2020

We participated in three primary opportunities – we added to our holding in Creo Medical as it raised fresh capital, whilst small caps MJ Hudson and Pebble Group made their market debuts following successful IPO’s. Markets and sterling rallied hard as any concerns over a Corbyn led socialist government were blown away by a sizeable… Click to find out more

10th January 2020

Lots has been written on the election results’ impact and potential impact for UK equities. We do not propose to compete with these other than to concur that an end to uncertainty over the UK’s relationship with the EU and an expected striking of a trade deal with the EU are positive for UK equities,… Click to find out more

6th December 2019

We participated in eight primary opportunities – Bovis Homes and Brooks Macdonald raised fresh capital whilst there were secondary sell downs in Breedon, SCS, Trainline, Network International, Team17 and Future. With markets showing some signs of nervousness over global trade wars and a UK general election, we are seeing larger discounts than usual being offered… Click to find out more