Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Giles Hargreave soft closes Nano-Cap fund after exceptional demand

4 Comments
Giles Hargreave soft closes Nano-Cap fund after exceptional demand

Citywire AA-rated Giles Hargreave's Nano-Cap Growth fund has soft-closed after attracting £90 million.

The fund, which launched earlier this month, invests in some of the UK's smallest listed companies, focusing on firm's with a market capitalisation of below £75 million.

Guy Feld and David Walton help Hargreave (pictured) to identify stock opportunities.  

'Support for the fund during the launch period has been exceptionally strong and in the interests of investors we have taken the decision to act to manage inflows,' said a spokesman for Marlborough Fund Managers.

'Nano-cap companies offer excellent long-term growth potential but their size also means that the capacity of the fund is limited. By soft closing the fund we are acting to ensure it remains at a size where the managers can use their specialist skills and experience to maximum effect.'

Hargreave is one of the most consistently top performing managers in the Citywire database. 

The Nano-Cap Growth fund sits alongside his Marlborough UK Micro-Cap Growth fund and the Citywire Selection Special Situations fund.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play French fund CEOs: 'Brexit is a lose-lose situation for all of us'

French fund CEOs: 'Brexit is a lose-lose situation for all of us'

'We'll all lose out - but London is an international city, Paris is not.' Leading French asset management CEOs tell us what they think Brexit will mean for the investment business.

Play Henderson Eurotrust's Stevenson: dealing with European cynicism

Henderson Eurotrust's Stevenson: dealing with European cynicism

Tim Stevenson talks about where he finds his opportunities in the current environment in Europe

Play Mark Barnett - part 2: why I'm not buying Lloyds

Mark Barnett - part 2: why I'm not buying Lloyds

In the second part of our exclusive video interview, Barnett explains why he has no intention of buying Lloyds, and where he sees the greatest income opportunities.

Read More
Wealth Manager on Twitter