Quantock Growth fund renamed as UK Primary Opps

Marlborough Fund Managers has renamed its Quantock UK Growth fund.

The £18m vehicle has been rebranded the UK Primary Opportunities fund, discarding a previously planned rename to UK Wholesale Opportunities. It is subject to FSA approval. Manager Bob Brown says the group wanted a name that more adequately reflects the fund’s investment objectives. He makes the vast majority of purchases in the primary markets through new issues and placings. “We were trying to find a name that did exactly what it said on the tin. “The term wholesale is not one necessarily used in investment,” he says. Minimum investment remains £1,000 with the charges uncha...