Summary
MOST investors turn to insurer Legal & General if they want a cheap and cheerful Isa to track the performance of the stock market. L& G has made a name for itself in this sort of 'passive fund management' in recent years.
But there are other strings to L& G's bow. One is L& G UK Alpha, a small fund in the hands of Richard Penny. Tracking indices is not on his agenda.See the full content of this document
Extract
L&G Alpha Leader of the Pack ; Fund Focus
Penny identifies stocks he thinks will outperform the rest of the UK market. The term alpha is a measure of a fund...
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