Smaller companies money manager calls time on 32 year fund management career
Mike Prentis will step down as manager of BlackRock Smaller Companies Trust ( BRSC ) at the company’s June AGM, calling time on a distinguished 32-year fund management career. Prentis has managed the fund since August 2002, originally at 3i Investments, then for 14 years at BlackRock. Under his stewardship, the portfolio has delivered sparkling NAV total returns of 957% or 15.3% per year, substantially outperforming the 530% (11.8%...