Having become a partner in Blue Whale Capital in February this year, Hargreaves (pictured) – who stepped down from the board of Hargreaves Lansdown in April 2015 – will personally seed a new Global Focus fund, which will launch at the end of September.
Yiu started his career at Hargreaves Lansdown in 2002 as a quant analyst, before leaving to join New Star in 2007 as a fund manger working alongside Tim Steer. The duo joined Artemis in 2009, co-managing the Artemis UK Growth Fund, with Yiu leaving in 2013 to return to Hong Kong.
The fund has since been rebranded Artemis UK Select after Steer’s retirement last year.
Blue Capital confirmed to Portfolio Adviser that the fund will be run using a fundamental, bottom-up stock picking approach, with a macro overlay.
Hargreaves’ son Robert Hargreaves is heading up Blue Whale’s marketing.
