A value fund with a decidedly fine focus

Active management can work if a fund is small and focused. Adam Rackley has big plans, he tells Merryn Somerset Webb.

When Adam Rackley was setting up his fledgling value fund last October, he focused on what he sees as the industry’s biggest problems: size and fees. He will “soft close” the fund at £100m (no new clients will be able to invest) and “hard close” it at £200m (existing clients won’t be able to top up). That £200m will be invested in a very concentrated portfolio of equities – the top ten holdings currently make up more than [...]

66% off newsstand price

12 issues (and much more) for just £12

That’s right. We’ll give you 12 issues of MoneyWeek magazine, complete access to our exclusive web articles, our latest wealth building reports and videos as well as our subscriber-only email… for just £12.

That’s just £1 per week for Britain’s best-selling financial magazine.

Click here to take advantage of our offer

Britain is leaving the European Union. Donald Trump is reducing America’s role in global markets. Both will have profound consequences for you as an investor.

MoneyWeek analyses the critical issues facing British investors on a weekly basis. And, unlike other publications, we provide you with the solutions to help you turn a situation to your financial advantage.

Take up our offer today, and we’ll send you three of our most important investment reports:

All three of these reports are yours when you take up our 12 issues for £12 offer today.

MoneyWeek has been advising private British investors on what to do with their money since 2000. Our calls over that period have enabled our readers to both make and save a great deal of money – hence our position as the UK’s most-trusted investment publication.

Click here to subscribe for just £12