Marlborough's Giles Hargreave is set to launch a new Diversified Absolute Return fund in the summer....
Marlborough's Giles Hargreave is set to launch a new Diversified Absolute Return fund in the summer. Subject to regulatory approval, the long/short vehicle will be a global multi-cap and multi-asset mandate. The fund will be a high-conviction portfolio of between 25 and 50 stocks and will be seeded with £5-£10m of internal money. Hargreave already runs the £97m Marlborough Special Situations, £24m Marlborough UK Leading Companies and £21m Marlborough UK Micro Cap Growth funds
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