Octopus Investments (Octopus), the fast-growing UK fund management company, has today announced the appointment of Chris McVey as a Fund Manager in the Smaller Companies team. Chris joins a team which, following significant growth in funds under management in recent years, now invests over £1 billion in UK quoted smaller companies. In his role, Chris will focus on management of the Octopus AIM inheritance tax portfolios, the Octopus AIM Venture Capital Trusts and the FP Octopus UK Micro Cap Growth Fund.
Chris brings with him over 16 years’ experience within the UK Smaller Company Equity market. He joins Octopus from Citigroup where he was a Director for seven years, most recently as a specialist UK Small and Mid-Cap analyst. Prior to this he was an Investment Manager and Analyst at Gartmore where he also focused exclusively on FTSE AIM and UK Small Cap equities.
Richard Power, Head of the Smaller Companies team at Octopus, said:
“We’re delighted to welcome Chris to Octopus. His extensive experience and in depth knowledge of AIM make him an excellent fit for the team.
“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. We plan to continue investing in the growth of the team as we look to expand our mandates and increase our funds under management.”
Chris McVey, Fund Manager at Octopus, said:
“I am delighted to have joined a team of this calibre. The Smaller Companies team at Octopus has a fantastic track record and reputation and it’s exciting to be working alongside some of the most experienced AIM-focused fund managers in the industry. I look forward to working with Richard and the rest of the team to help build on their success.”
For journalists in their professional capacity only. The value of an investment, and any income from it, can fall as well as rise. Investors may not get back the full amount they invest. Tax treatment depends on individual circumstances and may change in the future. Tax reliefs depend on the portfolio companies maintaining their qualifying status. The shares of smaller companies and VCT shares could fall or rise in value more than other shares listed on the main market of the London Stock Exchange. They may also be harder to sell. Past performance is not a reliable indicator of future results. Personal opinions may change and should not be seen as advice or a recommendation. We do not offer investment or tax advice. We recommend investors seek professional advice before deciding to invest. Regarding VCTs, this advertisement is not a prospectus. Investors should only subscribe for shares based on information in the prospectus. For other investments, investors should read the product brochure before deciding to invest. These documents are available at octopusinvestments.com. Issued by Octopus Investments Limited, which is authorised and regulated by the Financial Conduct Authority. Registered office: 33 Holborn, London, EC1N 2HT. Registered in England and Wales No. 03942880. We may record telephone calls to help improve our customer service. Issued: January 2017.