Noble-Nesbitt to head new Close discretionary service

clock •

Close Brothers AM is launching a discretionary fund management service that will be managed by top-performing UK equity manager Deryck Noble-Nesbitt.

The Close AM Tailored Portfolio Service will be actively managed by Noble-Nesbitt and his team, offering a series of segregated portfolios tailored to risk appetite and individual investment objectives. The service will incorporate four investment styles - income, conservative, balanced and growth. Noble-Nesbitt's Close Special Situations fund has returned 253.6% over the three years to 3 February versus an IMA Smaller Companies sector average of 99.9%, according to Morningstar. The manager also has previous experience of running multi-asset vehicles via the offshore Close Global B...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Baillie Gifford workforce faces 10% reduction following voluntary exit programme

Baillie Gifford workforce faces 10% reduction following voluntary exit programme

Around 160 roles vacated

clock 23 September 2026 • 1 min read
The human advantage in an AI-powered asset management industry

The human advantage in an AI-powered asset management industry

'AI should be used to enhance, not replace, human engagement'

Apiramy Jeyarajah
clock 22 September 2026 • 5 min read
How quality investing behaves through the cycle

How quality investing behaves through the cycle

Resilience when it matters more

Joseph Stephens and Laura Neill
clock 14 September 2026 • 4 min read