Phoenix UK Fund Posts Fourth-Best Performance In 2013

Mark Melin

Published onFebruary 26, 2014

Updated on May 13, 2021

Phoenix UK Fund had its fourth best year in 2013, generating a 20.9% return while investing primarily in European shares, according to an investor letter reviewed by ValueWalk.

Among the biggest fourth quarter winners in the portfolio were Randall & Quilter, up 25.2%, Bellway plc (LON:BWY), up 21%, Vesuvius PLC (LON:CKSN) (OTCMKTS:CKSNY), up 14.2% and Barratt Developments Plc (LON:BDEV), up 13.9%. The biggest losers in the quarter included Games Workshop Group PLC (LON:GAW) (OTCMKTS:GMWKF), down -16.2% and Tesco PLC (LON:TSCO) (OTCMKTS:TSCDY), down -5.7%.

Insurance business with Lloyds precedes share price rise

Randall & Quilter, the Phoenix UK fund’s largest winner...

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Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Phoenix UK Fund Posts Fourth-Best Performance In 2013

Insurance business with Lloyds precedes share price rise

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