Investment Manager
The Hargreave Hale AIM VCT 2 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, 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 the 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 was merged with Hargreave Hale & Co in
1988,
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 reviews 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.
Guy Feld (42) MA Oxon
Guy a graduate of Oxford University has over 16 years
City experience in both fund management and broking at
BZW, UBS and Teather & Greenwood plc. 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.
Richard Hallet (42) FCA
Richard qualified as a Chartered Accountant at Ernst & Young
in 1994 and subsequently joined Singer & Friedlander in
1995 as a smaller 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 runs Hargreave Hale's IHT
portfolio service.
Adam Caplan is a director of Hargreave Hale
with 20 years' experience in the equity and fixed interest markets. He
manages a number of discretionary portfolios, which include a number of
charities with significant proportions of their portfolios in fixed
interest investments.
Mark Chadwick has worked for Hargreave Hale for
over 11 years. Mark's specific function is to monitor all the
individual stocks held in the funds and to collate all available
research. He also now manages a number of the individual portfolios
Oliver Bedford graduated from Durham University
in 1995. He served in the British Army for 9 years before joining
Hargreave Hale in 2004. Oliver's principal role is to monitor
individual investments, produce and collate research, and provide
administrative support to the Company.
* Source: Hargreave Hale, December 2006