Slater & Gordon (SGH) is a stock that OC Funds Management has held since the company's IPO in May 2007

Slater & Gordon (SGH) is a stock that OC Funds Management has held since the company's IPO in May 2007. We have long been a fan of the SGH's strong senior management team, led by Andrew Grech, and the company delivered another solid full year result in FY14. The company's expansion into the UK market is progressing well with recently acquired firms Taylor Vintners, Goodmans, Pickerings, Fentons and Pannone all exceeding full year targets. Acquisitions remain a strategic focus for the company with the purchase of Victorian specialist personal injuries firm, Nowicki Carbone, and Queensland consumer law practice, Schultz Toomey O'Brien, announced at the time of the result. SGH has a defensive earnings stream, strong organic and inorganic growth prospects and a track record of delivering on market expectations. The company remains a core holding in the Fund.