News & Information

Recent news stories regarding our MFM UK Primary Opportunities Fund are below.
Regulatory statement

14th January 2019

We participated in 5 primary opportunities in December – Grainger, Kier and Mercantile Port & Logistics, and added to our existing holdings in Marlowe and Gamma Communications. With markets volatile and declining markedly, we used the luxury of some of our cash balance to add to some of our existing holdings where we felt share… Click to find out more

7th December 2018

We invested in two new holdings during the month – Angling Direct and Mears, both raising new money for expansion. Two sub underwriting opportunities arose in Restaurant Group and Grainger. In November, the MFM UK Primary Opportunities Fund returned –1.67% compared with –1.64% for the FTSE All Share and -1.54% for the IA UK All… Click to find out more

10th November 2018

Somewhere in the depths of the investment industry is a little known UK equity fund delivering for investors by doing things quite differently. In the three years to the end of September the MFM UK Primary Opportunities fund has returned 51.4%, beating the UK All Companies average of 32.3% by some margin. The return has… Click to find out more

10th November 2018

We invested in a number of new primary opportunities during October. We are often asked what happens with primary opportunities when markets become volatile. The reality is good companies are still able to raise money in difficult market conditions and it can provide us with the opportunity to make purchases at even more attractive prices,… Click to find out more

16th October 2018

A busy period for primary opportunities as we would expect at this time of year. The Fund saw strong inflows this month and we were able to deploy this in the primary opportunities that arose, as well as use market weakness to add to our holdings in the larger FTSE names. In September, The MFM… Click to find out more

17th September 2018

In August, The MFM UK Primary Opportunities Fund returned -1.51% compared with -2.76% for the FTSE All Share. A quieter month for the Fund compared with July, which is to be expected during peak holiday season. Nevertheless we still participated in some interesting opportunities – primary placings in Jadestone Energy, IG Design and Arena Events…. Click to find out more

10th August 2018

In July, The MFM UK Primary Opportunities Fund returned 1.34% compared with 1.29% for the FTSE All Share. Whilst only a modest outperformance, this was a pleasing return given the out performance of the FTSE 100 compared with the Mid and Small Cap indices, which we are invariably overweight in. An exceptionally busy month for… Click to find out more

1st July 2018

In June, The MFM UK Primary Opportunities Fund returned 0.68% compared with -0.21% for the FTSE All Share. Another busy month for primary opportunities saw us participate in a number of attractive opportunities. We participated in primary placings in The Gym Group and Alliance Pharma and secondary placings in Standard Life Aberdeen, RBS, Hargreaves Lansdown… Click to find out more

18th June 2018

In May, The MFM UK Primary Opportunities Fund returned 2.75% compared with 2.82% for the FTSE All Share. An extremely busy month for primary opportunities saw us participate in a number of attractive opportunities. We participated in placings in Zotefoams, Dairy Crest and Capita along with secondary placings in Charter Court Financial Services, Blue Prism… Click to find out more

14th May 2018

In April, MFM UK Primary Opportunities returned 5.47% compared with 6.43% for the FTSE All Share. We participated in a placing in Primary Health Properties, rump placings in Galliford Try and Provident Financial and secondary sell downs in Ten Entertainment Group and Curtis Banks. We also took the opportunity to add to our holding in… Click to find out more

14th May 2018

Oliver Brown, lead fund manager, answers questions such as ‘How does the mfm uk primary opportunities fund operate?’, ‘How many IPOs are you looking at per year? What do you look for in prospective companies?’, ‘How long has R.C. Brown been investing in this way?, ‘How do you screen for those opportunities and know they… Click to find out more

14th May 2018

Primary opportunities – buying shares in a company at the point it is raising money – are a compelling proposition for advisers looking to diversify their clients equity portfolios and cushion them against market volatility. ‘Companies raise money for a number of reasons – it may be to make an acquisition, increase research and development,… Click to find out more