Solus UK still top decile

A third of the Solus UK Special Situations fund has been re-invested and the portfolio has continued its top decile performance, following the appointment of Nick Greenwood as fund manager in March 2001. Greenwood replaced ABN Amro fund manager Nigel Thomas, whose name had been synonymous with the fund's past good performance. ABN Amro launched its own special situations fund, Select Opportunities, in March and raised £81m during the offer period. The fund is now some 80% invested, according to the group. Solus Special Situations had some £60m in assets in March but by 1 May this had...