Montanaro was established in 1991.  We have the largest and most experienced specialist team in the UK dedicated exclusively to researching and investing in quoted European small companies.  The team is multi-lingual and multi-national (with no less than six nationalities), ensuring that we have the benefit of local contacts and knowledge that is so essential to detailed and thorough research. 

We acted as advisers to the Mars Pension Fund (1993-95) and GE Capital (1996-97) and launched our first fund, a limited partnership, in 1993.  We have launched several new funds: the Montanaro UK Smaller Companies Investment Trust PLC(March 1995); the Focus Fund, a Cayman-based off-shore Unit Trust managed from Jersey (March 1997); a Dublin-listed OEIC, our largest fund with two sub-funds - the Montanaro European Smaller Companies Fund (December 2000) and the Montanaro European Equity Income Fund (January 2007).  In September 2006, we were appointed Manager of the Montanaro European Smaller Companies Trust PLC, our second UK listed investment trust specialising in Continental European SmallCap (excluding the UK). 

In addition, Montanaro manages three segregated European mandates: for the Church of England (30/09/05), the University of London (26/07/06), and the Fonds de Réserve pour les Retraites (“FRR”), the French National Pension Fund (31/08/09).

Our clients are mainly leading international financial institutions (insurance companies, pension funds, local authorities and fund of fund managers).  At 31 December 2012, funds under management were €1.3 billion.