Marlborough Special Situations - upgraded
By ROBERT HARLEY 04/06/2009
This is essentially a UK smaller companies fund investing across the Hoare Govett Smaller Companies including Aim Index. The fund has a bias to the smaller companies in this index and often a carries a large weighting to AIM companies. Manager Giles Hargreave is one of the most experienced managers operating in this part of the market. His investment philosophy might be described as bottom up driven and valuation aware, often there may also be themes evident across the portfolio. We believe the fund represents an attractive option for investors who are prepared to accept the higher volatility inherent in the smaller company market and who may be seeking to participate in a stock market recovery. The fund has been upgraded from 2 to 3 stars.
Market latest
|
Index
|
Points
|
+/-
|
| FTSE 100 |
5289.60 |
0.42%
|
| FTSE 250 |
10424.00 |
0.08%
|
| FTSE All Share |
2748.68 |
0.35%
|
| FTSE Euro 100 |
2007.02 |
0.07%
|
| S&P 500 |
1295.22 |
0.74%
|
| Nasdaq |
2778.79 |
1.24%
|
| Hang Seng |
18951.85 |
–
|
| Nikkei 225 |
8633.89 |
0.26%
|
Values delayed by at least 15 minutes.
Source: Financial Express