Majedie Investment trust appoints new manager

Amend investment policy

Kathleen Gallagher
clock • 2 min read

The board of the £146.2m Majedie Investment trust has appointed Marylebone Partners as the company’s new investment manager after an “extensive review”.

Marylebone, which manages about $400m in assets, has three pronged investment strategy: "eclectic special investments",  allocation to specialist fund managers and a portfolio of listed equities. The manager will build a "bespoke portfolio" for the trust based on these strategies. Man GLG hires investment team for new European opportunities strategy In a stock exchange announcement, the board of the trust said it would be "increasingly important to identify differentiated sources of performance from the large and growing set of less researched opportunities that are available withi...

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