Marlborough Multi-Cap Growth fund manager Richard Hallett earned the title Best Alpha Manager, UK Equities in the FE fundinfo 2021 Alpha Manager Awards. The fund was also named Best UK Equity Fund over Ten Years in the Refinitiv Lipper UK Fund Awards 2022.
Richard invests in a portfolio of around 50 companies he believes have genuinely exceptional long-term growth potential. He looks for companies with the strongest prospects, whatever their size, and while UK stocks are his primary focus, Richard has the freedom to invest up to 20% of the fund in overseas businesses he believes are true global leaders.
Richard identifies companies that have a sustainable competitive advantage. That edge maybe an innovative product, strong management or a powerful brand. In reality it will usually be a combination of a number of factors. In addition, the company should be operating in a sector underpinned by a long-term structural growth trend. He believes these ‘all-weather performers’ should be able to continue to grow irrespective of the wider economic backdrop.