Majedie sees an impressive turnaround under Marylebone

The directors of Majedie Investments sought a unique approach, selecting Marylebone Partners as their new manager due to their “liquid endowment model” focusing on niche funds and special situations. With a 18% NAV growth and discount reduction to less than 5%, the trust has shown strong performance despite its small size. Marylebone’s portfolio avoids large stocks, instead investing in world-class managers, co-investments, and thematic opportunities to preserve capital and achieve growth, aiming to reach £500 million in size through differentiated strategies.

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