piworld interview: An hour with Andy Brough & Richard Leonard

This video can be seen here: http://www.piworld.co.uk/2020/10/22/piworld-intervie…-richard-leonard/ 

 

We are privileged to spend an hour chatting to Andy Brough, Head of the UK & European Small & Mid Cap Team at Schroders, and Richard Leonard who co-runs a Family Office, an amazing duo. Firstly, we discuss their different perspectives as a family office and institutional fund, then, cover the macro picture, and drill down to companies where they each see opportunity. Full of wisdom and wit. A brilliant hour of investing insight!

Running a family office v running a large fund – 00:45
Macro picture, is it a time to be fully invested? – 02:15
Those companies with opportunities discussed in July: POLR, REDD, UPGS - 08:37
Macfarlane (MACF) - 10:19 Tremor (TRMR) - 15:45
Reach Group (RCH) – 21:15
N Brown (BWNG) - 31:40
Novacyt (NCYT) - 34:12
Andy Brough on CV19 – 41:16

Q&A – 44:26 Ted Baker (TED) - 47:12
Reach (RCH) v Johnston Press (JPR) – 49:00
NCYT will they move to the main market or NASDAQ? – 51:59
NCYT competition - 53:43
BOO auditors - 54:28

Many thanks to Andy and Richard.