This article was published in the Telegraph’s Questor column earlier today.
Questor is reiterating its tip for Montanaro UK Smaller Companies (MTU) – and flagging a contrarian buying opportunity for UK small-cap funds in general – after a significant investment in the shares by its fund management company.
Montanaro Asset Management Limited (MAML), a smaller companies specialist overseeing £3.7bn of investors’ money, last week notified the stock market that it had lifted its stake in the £170m investment trust to 6% from its previous long-standing level of 5%.