Marlborough Special Situations Class P - Accumulation (GBP)
Our view on this Fund
This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »
After several decades in the investment industry, Giles Hargreave recently stepped back from day-to-day management of this fund. Whilst no longer at the helm, Hargreave is still involved with the fund, taking up sector analysis responsibilities and offering guidance and knowledge to the next generation of managers.
Managers Guy Feld and Eustace Santa Barbara invest in small UK companies, including those not listed on the London Stock Exchange. Investing in emerging industries and disruptive sectors, it offers diverse exposure to the companies of tomorrow. These companies are often overlooked by other investors, which provides an opportunity for the managers to uncover hidden gems.
The fund moved from the IA UK Smaller Companies to the IA UK All Companies sector on 1 August 2021. It will remain focused on smaller companies, but the sector change means the managers have more freedom to 'run their winners'. They will be able to continue to invest in their favourite companies as they grow in size and graduate into large or medium-sized companies.