Investment Manager
The Hargreave Hale AIM VCT 1
plc has appointed Hargreave Hale as
its investment manager. Hargreave Hale is, inter alia, a specialist
small companies fund manager with approximately £590 million
under management*. The team of six, led by the Chief Executive Giles
Hargreave, has many years of experience in investing in small
companies, both on the Official List and on AIM, including 8 years as
Investment Manager to a Special Situations Fund that has returned 575
per cent over the same period* and two years as investment manager to
Hargreave Hale AIM VCT 1, which has shown an 18 per cent total return
since launch*. Since AIM was established in 1995, Giles and his team
have been consistent investors in small companies with £145
million invested into smaller companies unit trusts*.
Awards
Hargreave Hale under Giles
are accredited with the following:
- Winner of Best fund over
three years, Equity UK Small and Mid
Caps (Lipper Fund Awards UK 2006);
- Winner of UK Smaller
Companies Sector (Standard & Poor's
Fund Awards 2005);
- Best Equity UK Small and
Mid Caps (Reuters Lipper Awards 2005);
- Winner UK Small Companies
(Moneywise Fund Awards 2004);
- Highly Commended UK
Smaller Companies (Investment Week Fund of
the Year Awards 2004).
Team Biographies
Giles
Hargreave (61)
Giles,
is Chief Executive of
Hargreave Hale Limited. After leaving
Cambridge in 1969, Giles began his career as a trainee analyst
with James Capel before moving to Management Agency and Music
Plc
as a private fund manager in 1974. In 1986 he founded Hargreave
Investment
Management, which he then merged with Hargreave Hale &
Co in
1988. In 1998, Giles took over as the fund manager of a Special
Situations. He also manages a UK Micro Cap Fund, a UK Leading Companies
Fund. Giles heads up Hargreave Hale's investment committee and chairs
the weekly meetings in which the team review existing and potential
investments.
George
Finlay (61)
MA
Oxon
George
has been involved in institutional research and
fund
management since graduating from Oxford University in 1970. He joined
Hargreave Hale in 1988 following positions at both Kemp Gee and GT
Management. George, who specialises in "Old Economy" and resource
companies, enjoys a particularly broad mandate that allows him to
unearth thematic plays and under-researched companies, often with an
international dimension.
Richard
Hallett (42)
FCA
Richard
qualified as a Chartered Accountant at Ernst &
Young
in 1994 and subsequently joined Singer & Friedlander in 1995 as
a
small companies fund manager. He moved to Hargreave Hale in 2005 and
now co-manages the UK Leading Companies Fund with Giles whilst also
deputising for him on the Special Situations Fund. He manages a
substantial private mandate and runs Hargreave Hale's IHT portfolio
service.
Guy
Feld (42)
MA Oxon FSI
Guy,
a graduate of Oxford University, has over 16 years
city
experience in both fund management and broking at BZW, UBS and Teather
& Greenwood. Guy joined the team as a research advisor in 2003
and
has a particular focus on the tech sector and other "New Economy" and
growth companies.
Oliver
Bedford (36)
BSc
MSI
Oliver
graduated from Durham University in 1995 with a
degree in
Chemistry . He served in the British Army for 9 years before joining
Hargreave Hale in 2004. Oliver supports Giles in the management of the
Hargreave Hale AIM VCTs, paying particular attention to the technical
aspects of their management, the structure of the funds and their
qualifying investments. Oliver supports the Marlborough Funds through
the investment committee and runs the Hargreave Hale Model Portfolios.