Wealth Manager - the site for professional investment managers

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

McLean loads up on his underperforming UK small-cap fund

1 Comment
McLean loads up on his underperforming UK small-cap fund

Colin McLean, managing director of SVM Asset Management, has snapped up shares in his ailing £2.8 million UK Emerging investment trust.

According to an announcement posted on the London Stock Exchange late yesterday afternoon, McLean has bought an additional 135,000 shares in his trust, raising his total stake to 309,000 shares, or 5.15%.

McLean assumed sole control of the struggling trust on 6 September when SVM co-founder Donald Robertson resigned from the firm.

In the last three years the trust has seen its net asset value fall by 25.46% versus a 20.63% rise in the FTSE Small Cap index.

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

Colin McLean
Colin McLean
59/152 in Equity - UK (All Companies) (Performance over 3 years) Average Total Return: 52.33%
Donald Robertson
Donald Robertson
Citywire TV
Citywire TV
Citywire TV
Play Sam Vecht: the best opportunities in frontier markets

Sam Vecht: the best opportunities in frontier markets

Blackrock's Vecht evaluates frontier markets and explains where he sees the opportunities

Play Where A-rated Pattullo is finding the best bond opportunities

Where A-rated Pattullo is finding the best bond opportunities

Henderson Global Investors head of retail fixed income explains how he is managing his fund against the surprise current monetary policy divergence.

1 Comment Play Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Our much anticpated new series is here! We hand a black cab driver a tenner and grill the manager of the 125-year Merchants trust until the meter runs out.    

Your Business: Cover Star Club

Profile: meet the duo at the heart of Hargreave Hale's succession plan

Profile: meet the duo at the heart of Hargreave Hale's succession plan

For the first time in the company's history a non-Hargreave is now at the head of the north west broker and asset manager

Wealth Manager on Twitter