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Octopus appoints fund manager

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UK fund management company Octopus Investments has appointed Chris McVey as a fund manager in the smaller companies team.

McVey (pictured) joins a team which, following significant growth in funds under management in recent years, now invests over GBP1 billion in UK quoted smaller companies.
 
McVey will focus on management of the Octopus AIM inheritance tax portfolios, the Octopus AIM Venture Capital Trusts and the FP Octopus UK Micro Cap Growth Fund.
 
McVey brings with him over 16 years’ experience within the UK smaller company equity market. He joins Octopus from Citigroup where he was a director for seven years, most recently as a specialist UK small and mid-cap analyst. Prior to this he was an investment manager and analyst at Gartmore where he also focused exclusively on FTSE AIM and UK small cap equities.
 
Richard Power, head of the smaller companies team at Octopus, says: “We’re delighted to welcome Chris to Octopus. His extensive experience and in depth knowledge of AIM make him an excellent fit for the team.
 
“As demand for access to the growth potential of AIM companies increases, it’s vital that we can not only identify the best investment opportunities but that we can continue to closely monitor and manage each and every portfolio for our clients. We plan to continue investing in the growth of the team as we look to expand our mandates and increase our funds under management.”
 
McVey says: “I am delighted to have joined a team of this calibre. The smaller companies team at Octopus has a fantastic track record and reputation and it’s exciting to be working alongside some of the most experienced AIM-focused fund managers in the industry. I look forward to working with Richard and the rest of the team to help build on their success.”

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