View the article online at http://citywire.co.uk/wealth-manager/article/a740410
Majedie unveils soft-close plan for stellar £500m UK Income fund
by Eleanor Lawrie on Mar 13, 2014 at 10:29
The fund has returned 76% since inception in December 2011, compared to 42.8% for the FTSE All-Share Index.
The firm said the £1.5 billion figure was chosen following a detailed liquidity analysis.
'We know that by staying small we are best placed to perform for our clients over the long term; naturally we’re pleased that the merits of this approach are now becoming more widely accepted,' Rob Harris, chief executive of Majedie, said in a statement.
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on Jul 24, 2014 at 10:59