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

FCA urges private market firms to review conflict management amid rapid growth

FCA urges private market firms to review conflict management amid rapid growth

Recurring weaknesses found

Michael Nelson
clock 26 October 2026 • 2 min read
Darius McDermott: Asia's broadening investment story

Darius McDermott: Asia's broadening investment story

Fund managers have a dilemma

Darius McDermott
clock 21 October 2026 • 5 min read
China's historic move away from coal shows why investors need to keep digging

China's historic move away from coal shows why investors need to keep digging

'A key challenge for investors is to identify the pockets of genuine innovation'

Xin-Yao Ng
clock 19 October 2026 • 4 min read