Majedie co-founder holds nerve in difficult markets

Flagship UK Opportunities fund invests in unloved names with encouraging growth prospects.

It can be difficult to stand out from the crowd among the 293 funds that make up the IMA UK All Companies sector, but Majedie’s UK Opportunities fund, managed by Adam Parker, is making its mark on the sector. The eight-year-old fund has bounced back from a bout of poor performance during the 2008 financial crisis and is now top quartile over three years, boasting a 78.9% return over the period, nearly double the sector average of 41%. Boutique asset manager Majedie is better known to the institutional side of the investment market through the UK Focus portfolio, one of its flagship fu...