Wealth Manager - Essential news for investment professionals

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

AA-rated John McClure gets Unicorn Income co-managers

AA-rated John McClure gets Unicorn Income co-managers

Unicorn Asset Management has named Fraser Mackersie and Simon Moon as co-managers on Citywire AA-rated John McClure’s UK Income fund and the Acorn Income investment trust.

‘Unicorn has a philosophy of nurturing and developing home-grown talent,’ said McClure (pictured). ‘Fraser and Simon’s promotion to co-managers of the Unicorn UK Income and the Acorn Income funds is in recognition of their work and instrumental contribution to the success of Unicorn.’

Mackersie is also AA-rated as McClure’s co-manager on the Unicorn Free Spirit fund, a position he will retain. Moon will similarly remain co-manager with McClure of the UK Smaller Companies fund.

Unicorn UK Income has returned 246% since its launch in May 2004, compared with an average of 115% from its peer group through the period. The performance has also helped the fund balloon in size: from £85 million at the start of 2013, it now contains more than £500 million.

Over the past five years Acorn Income has returned 516%, compared with an average of 179% from its sector.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Related Fund Managers

Fraser Mackersie
Fraser Mackersie
96/98 in Equity - UK Equity Income (Performance over 3 months) Average Total Return: -1.94%
Simon Moon
Simon Moon
97/98 in Equity - UK Equity Income (Performance over 3 months) Average Total Return: -1.94%
John McClure
John McClure
Citywire TV
Play Sarasin’s Boucher: why I like salmon with chocolate

Sarasin’s Boucher: why I like salmon with chocolate

Henry Boucher, manager of the £129 million Sarasin Food & Agriculture Opportunities fund, explains why he is gobbling up salmon and chocolate stocks.

Play Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Libby Ashby and leading wealth managers analyse what the Alibaba IPO hype means for Chinese equities, slowing growth of the UK economy and whether there’s anything left to play for in the European sovereign bond market.

Play Tesco, Japan and the rise of the central banker

Tesco, Japan and the rise of the central banker

 Libby Ashby and leading wealth managers scrutinise the food retail sector, Japan’s consumption tax hike and political risk in the markets.

Your Business: Cover Star Club

Veteran banker boosts Sanlam’s stockbroking team

Veteran banker boosts Sanlam’s stockbroking team

A veteran private banker has been recruited by Sanlam Private Investments to strengthen its advisory stockbroking team.

Wealth Manager on Twitter