Threadneedle European Smaller Companies – Mark Heslop & Philip Dicken

Though performance has stuttered this year for the £1.5bn Threadneedle European Smaller Companies fund (recording a cumulative performance of 6 per cent in the past three months that places it in the fourth quartile), a reshuffle of the top ten holdings has still seen new positions introduced that has seen the fund return 18 per cent year to date. The fund’s AuM has also grown by 28 per cent since the beginning of the year.

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