5 Minutes With: Crux’s Richard Penny

This week Richard Penny, manager of the Crux UK Special Situations fund, reveals the book that is influencing his job

Annalisa Esposito 11 October, 2019 | 9:32AM

Richard Penny

Richard Penny, 49, has managed the Crux UK Special Situations fund since its launch in 2018. The veteran investor moved from rival firm L&G after 15 years, where he ran the popular L&G UK Alpha Trust. His fund at boutique investment house Crux is up 12.5% in the year to date and top holdings include petroleum firm Vivo Energy and low-cost airline Wizz Air.

What does the fund do?

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About Author

Annalisa Esposito  is a data journalist for Morningstar.co.uk

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