Aberforth seeks new fund manager

Aberforth Partners is looking to hire a new Edinburgh-based fund manager to bolster its investment team, according to an advertisement in the Financial Times.

Aberforth recently launched a new split capital investment trust, Aberforth Geared Income, in April, raising £75m in ordinary and zero dividend preference shares.

It also runs the split capital Aberforth Geared Capital and Income trust, the Aberforth Smaller Companies trust and the Aberforth UK Small Companies fund. (article continues below)

Aberforth’s six partners split up company coverage by sectors and specialises in UK smaller companies, with a value bias.

Aberforth declined to comment.