noble-nesbitt to lead dfm service

Close Brothers Asset Management has announced its top talent Deryck Noble-Nebitt is to head up a new discretionary investment service for private clients.

noble-nesbitt to lead dfm service


Noble-Nesbitt manages the firm’s Special Situation Fund, which has returned 106.19% since launch in 2006, compared to 15.77% from the IMA UK Smaller Company Sector.

He is also managing director of investments and smaller companies for the company, which he joined in 2005.

The tailored portfolio service offers a series of segregated multi-asset portfolios across a range of investment objectives and risk appetites.

Noble-Nesbitt and his team will actively manage the new service, which is available to clients with over £250,000 to invest.

David Muncaster, head of intermediary sales at Close Brothers AM, said: "It is rare to see a DFM service that benefits from the direct management of a top award-winning fund manager. We believe the opportunity for clients to access a manager with such a strong performance track record as Deryck will prove extremely attractive."

The service will have a flat 1% fee inclusive of dealing and is available now.


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