Neptune Investment Management is seeking regulatory approval to close its US Mid Cap fund as its manager Patrick Close exits the firm.
The group is applying to the Financial Conduct Authority (FCA) to close the fund, which has £550,000 in assets under management, a year after it was launched on 1 August 2016. A statement from the group...
To aid regulatory reporting
Has run Cautious Managed fund since 2011
Expected in next few weeks