Manek to close underperforming Growth fund after 20 years

Winner of fantasy fund manager competition

Laura Dew
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Jayesh Manek believes his fund is no longer "economically viable" to run.
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Jayesh Manek believes his fund is no longer "economically viable" to run.

The Manek Growth fund is set to close in December after 20 years in existence, after assets fell to £8m on the back of poor performance.

Manek (pictured), a former pharmacist, was twice-winner of the Sunday Times Fantasy Fund Manager competition in 1994 and 1995 before launching the Growth fund in 1997. It aimed to provide long-term...

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