People Moves
Octopus Investments Adds To Fund Management Team
The specialist UK investment house has expanded its smaller companies team.
UK-headquartered Octopus
Investments has appointed Chris McVey, formerly a director at
Citigroup, as a fund manager in its smaller companies team.
With 16 years in the UK smaller company equity market, McVey’s
last role saw him specialising in UK small- and mid-cap
investments. He also worked at Gartmore as an investment manager
and analyst, focusing on FTSE AIM and UK small-cap equities,
according to a statement from Octopus.
At Octopus, he joins a team which invests over £1 billion ($1.25
billion) in UK quoted smaller companies. He will focus on
management of the Octopus AIM inheritance tax portfolios, AIM
venture capital trusts and the FP Octopus UK Micro Cap Growth
Fund.
“[McVey’s] extensive experience and in-depth knowledge of AIM
make him an excellent fit for the team,” said Richard Power, head
of the smaller companies team at Octopus. “As demand for access
to the growth potential of AIM companies increases, it’s vital
that we can not only identify the best investment opportunities
but that we can continue to closely monitor and manage each and
every portfolio for our clients.”
Octopus has significant positions in several specialist sectors
including smaller company investing, healthcare property, energy
and property finance.
