Raynar Portfolio Management has grown rapidly since its January inception, launching two major investment strategies.
August 2020 marked a major milestone for acclaimed investor Philip Rodrigs and his team at London’s boutique investment firm Raynar Portfolio Management (RPM). Following a series of notable milestones during their first six months, such as the launch of the unique Enhanced and Flagship investment strategies, the firm has now announced that firm-wide assets under management have exceeded the key £50m mark. Since launching operations in February 2020, RPM has already quintupled in size, from c£10m in February to £56.5m at the end of August. RPM’s success has been fuelled by the excellent performance of both strategies, remarkably both topping their respective peer groups since their launches.
The Raynar Flagship Strategy
Since its launch on 1st June, the Raynar Flagship strategy quickly gained traction and, by the end of August, became the top performer in a group of 185 rivals. Philip designed the Flagship strategy for investments in UK equities, focusing on small market cap segments. He used insights from both the £1.1 billion UK Smaller Companies strategy and the unique award winning micro cap investment trust that he designed for River and Mercantile in 2014 as a starting point when developing the Flagship strategy. The River and Mercantile strategies delivered leading returns for investors, and Philip is keen to build on this success for RPM’s clients.
Over the last three months, Philip has grown the Raynar Flagship strategy to over £20m, benefitting from sector-leading performance and inflows (‘sector-leading’ performance refers to analysis utilising Bloomberg’s ‘Fund Search’ function). The strategy’s outstanding performance is the result of Philip’s stock-selection framework, which focuses on high-conviction investments. The strategy also embraces a ‘clean sheet of paper’ approach, designed to capitalise on small industry-leading companies that are well placed in the post-lockdown ‘new normal’ and yet are also available at attractive valuations.
Recently, Flagship has made investments in up and coming firms such as LoopUp, BigBlu Broadband, Maxcyte, and Avacta. Philip was surprised that so many well-positioned UK small cap firms that he anticipates will benefit from increased demand because of the pandemic were available to add to the strategy at attractive low valuations.
‘It is very encouraging to have achieved this milestone after just seven months of operations, in what has been a particularly challenging time for us all,’ says Philip. ‘I am particularly gratified that, for our early clients, performance has been sector leading. With strategies carefully designed to accommodate variable market conditions, we seek to deliver great outcomes for all clients over the long term.’
The Raynar Enhanced Strategy
Alongside the Raynar Flagship strategy, the Raynar Enhanced strategy has also contributed impressive growth. Accountant and chartered financial analyst Matthew Taylor, formerly of Julius Baer, manages the strategy. RPM launched the Enhanced strategy on 7th February with a flexible and dynamic approach that has so far proven to accommodate challenging market conditions. By the end of August, it had already become the top performer in a group of 138 rivals, rising more than 10% despite the market travails earlier this year. This pleasing performance reflects RPM’s dedication to striving to achieve optimal client outcomes.
About Philip Rodrigs
Philip has nurtured a strong interest in investment, finance, and economics since investing a monetary gift from his grandfather over two decades ago. Having read Economics and Management at Lincoln College (University of Oxford), he then contributed to the management of funds for Invesco Perpetual, T Rowe Price International, Investec Asset Management, and River and Mercantile, before launching his own investment firm in 2020.
As the CEO of his firm, and portfolio manager of Raynar Portfolio Management, Philip is both a small cap stocks specialist and entrepreneur. RPM specialises in alternative investment funds which are exclusively available to high-net worth investors and professional investors.
As an advocate of professional development, Philip constantly analyses the measures that enable business success to inform RPM’s original investment strategies. He has won various awards that celebrate his excellence in investment, including the Financial Express UK Smaller Companies Alpha Fund Manager of the Year in 2016, Morningstar’s Outstanding Rising Talent in 2012, and Investment Week UK Smaller Companies Manager of the Year in 2010 and 2011.
Read more about Philip Rodrigs and Raynar Portfolio Management at www.raynarpm.com.