Marlborough rebrands Leading Companies under Multi-Cap monicker

Marlborough has rebranded its UK Leading Companies fund as the UK Multi-Cap Growth fund.

The change in name, which took effect from 1 January, is designed to reflect a multi-cap approach which has been a long-term feature of the fund, the group said. The rebrand also brings the portfolio's name in line with Marlborough's Multi-Cap Income fund. The fund, which has been managed by Richard Hallett since 2005, holds 50-70 'best in breed' companies from the small, mid and large-cap sectors. These include 3.3% in ASOS, 3% in Sports Direct and 2.5% in Rolls Royce. Nicholas Cooling, deputy chairman of Marlborough Fund Managers, said: "The multi-cap nature of the strategy ha...