Octopus Investments is launching its first OEIC which will invest in 30-50 UK smaller companies.
The CF Octopus Opportunities fund will focus on the sub £100m market capitalized companies listed on AIM or the main stock exchange with an optimum fund size of £50m. The fund will be managed by Richard Power and David Crawford who already run £120m of AIM investments across the Octopus VCTs, EIS and IHT portfolios. The management team will be able to hold unlimited cash and also has the ability to short a relevant index in adverse market conditions. Octopus managers have been running a model portfolio of the Opportunities fund since 1 December 2006, which has generated a return of 31...
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