Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Up arrow

15593

Waverton sees 30 per cent AUM increase since buyout

RELATED TOPICS​

Waverton Investment Management has seen assets under management (AUM) increase by 30 per cent from GBP4.0 billion in August 2013 to GBP5.2billion following its acquisition from Credit Suisse by Somers Limited and management.

Formerly known as J O Hambro Investment Management, Waverton has also attracted eight new hires, strengthening the core private client, charities and fund teams. The board has appointed three independent non-executive directors.
 
Hugh Grootenhuis, CEO of Waverton, says: “As we celebrate our one year anniversary as an independent owner-managed company once again, it is important to stress that our original investment philosophy and focus on client service remain unchanged.  In my view, our business is strengthened by the fact that directors of the firm have an equity stake, further aligning themselves with the interests of their clients.
 
“Clients continue to be attracted to Waverton because of the quality of our investment professionals and the focus on long-term performance, and this has been reflected in the increase of our AUM.  It is particularly pleasing that the growth in assets has been entirely organic and across all our business areas.”
 
The Waverton European Fund has outperformed the FTSE World Europe by 67 per cent over three years to 31 August.

Latest News

The trading and investment platform eToro has extended its proxy voting feature to all stocks..
C8 Technologies, the London-based fintech founded by former BlueCrest Capital Management partners Mattias Eriksson and..
DWS has announced the latest development in its strategic growth push in Alternative Credit with..

Related Articles

Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Pension funds
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are coming together to instigate a new industry coalition...
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by