Marlborough

As advisers digest last week's revelation that top UK fund manager Richard Buxton is to exit Schroders after more than a decade at the group, attention is now turning to where to invest next.

Giles Hargreave has been boosting his stakes in online gaming companies, to capitalise on a relaxation of legal restrictions on internet gambling in the United States.

SPECIAL REPORT

Marlborough's top-performing fund manager Giles Hargreave has admitted it will be difficult for UK small-cap equities to replicate their 2012 performance this year.

Marlborough Fund Managers has brought its two emerging market equity vehicles in-house as it capitalises on its recently-strengthened equities team.

Former Baillie Gifford European small-cap manager David Walton has joined Hargreave Hale to assist Giles Hargreave across his Marlborough small-cap unit trusts and the firm's VCT products.

MICRO-CAPS

Sally Macdonald has joined Marlborough Fund Managers in the newly created position of head of Asian equities, as the firm looks to expand its presence in the space.

Marlborough Fund Managers has confirmed it will acquire BNP Paribas' ACD business in the UK in a deal that will see it take on £800m of assets.

Marlborough Fund Managers is poised to acquire BNP Paribas' ACD business in the UK in a deal which will substantially enhance its presence in the marketplace.