MAM Funds have increased their stakes in office2office, which is listed on the London stock exchange, according to citywire. 

The managers added to their positions in office2office to 556,231 shares, equating to around 1.5% of the company. Turner said he and co-manager Williams found the stock’s 8% dividend yield particularly attractive, and said that they were backing the company for a strong 2012.

‘The new CEO has successfully re-engineered the business towards an open book model with clients. They recently won a large contract to supply central government helped by offering a “closed loop” approach, which ultimately recycles the paper they supply. 2012 should be a strong year for them,’ Turner said.