Marlborough

Former Baillie Gifford European small-cap manager David Walton has joined Hargreave Hale to assist Giles Hargreave across his Marlborough small-cap unit trusts and the firm's VCT products.

MICRO-CAPS

Sally Macdonald has joined Marlborough Fund Managers in the newly created position of head of Asian equities, as the firm looks to expand its presence in the space.

Marlborough Fund Managers has confirmed it will acquire BNP Paribas' ACD business in the UK in a deal that will see it take on £800m of assets.

Marlborough Fund Managers is poised to acquire BNP Paribas' ACD business in the UK in a deal which will substantially enhance its presence in the marketplace.

Marlborough's Giles Hargreave has been moving up the market cap spectrum in his Special Situations fund to boost liquidity, following a wave of inflows.

ON UK GROWTH

ON NORTH AMERICA

Marlborough's top performing small-cap manager Giles Hargreave has reduced his cash weighting from 10% to 5% to snap up shares trading at distressed valuations.

Marlborough's top-performing small-cap manager Giles Hargreave has increased his holding in retailer Sports Direct in the £513m Special Situations fund, ahead of the start of Euro 2012.