Marlborough
Malborough Multi-Cap Growth
Oct 2026 → Oct 2026
Our archive holds 1 letter from this strategy, behind 1 investment thesis and positions in 15 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year — follow all of Marlborough for every strategy.
What it bought and sold
We exited outsourcing company Capita and financial services businesses Close Brothers and Rathbones, all of which we believe have below-average growth prospects.
We exited outsourcing company Capita and financial services businesses Close Brothers and Rathbones, all of which we believe have below-average growth prospects.
We also exited pest control and hygiene services company Rentokil Initial, given pressure on its business model from AI search, which is reducing the number of customer enquiries that come its way.
We added three new holdings, including Rolls-Royce.
We exited outsourcing company Capita and financial services businesses Close Brothers and Rathbones, all of which we believe have below-average growth prospects.
Also held
- LunR Royalties
- Zegona Communications
- Compass
- Trustpilot
- Rightmove
- Cloudflare
- Shell
- CRH
- Lion Finance