Nettle Capital To Launch One Of First UCITS IV Funds

Oct 24 2011 | 9:53am ET

Boutique asset manager Nettle Capital Management will launch one of the first UCITS IV vehicles—the TB Nettle European Micro Cap fund.

Nettle was founded earlier this year by former Baillie Gifford manager David Walton and ex-F&C Asset Management manager Frank Rushbrook.

The fund will invest in European micro cap stocks with a market capitalization of less than €250 m (£200 million) and aims to raise £20 million.

Walton, a Nettle Capital partner and manager of the fund, told fundweb they decided to launch the fund as a result of their conviction in the European micro cap sector.

“We both felt some frustration and weren’t able to buy, for the funds we managed, sometimes, the small companies [that were] often those with the best growth potential.

“It’s an excellent time for us to launch. There are lots of opportunities for the fund to invest in,” said Walton.

The fund will launch November 3. The minimum investment is £10,000, there is no performance fee and ongoing charges will be set at 1.5% a year.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of