View more on these topics

Big Issue magazine plans fund manager launch

Guide to Networks

The investment subsidiary of The Big Issue magazine has started to hunt for a chief executive as it plans to launch a fund management business later this year.

Big Issue Invest, which was founded in 2005 to provide social investment and has raised £20m so far, intends to launch Big Issue Invest Fund Management by the end of 2013. The asset manager will offer social investment funds aimed at both retail and institutional investors.

The group is currently looking for a chief executive with fund management and direct investment experience to lead the new venture, as well as oversee its other investment and loan operations such as public retail funds with partners.

The Big Issue group chair Nigel Kershaw says: “Big Issue Invest is extending the boundaries of traditional investment, CSR and philanthropy to invest in social ventures that are creating opportunity for people and communities in the UK. We are planning to open a fund management arm as a central part of growing our business.

“Traditionally many people have ‘given back’ by taking up charity trustee positions or making donations. We are looking for somebody that would like to ‘give back’ by offering their time, leadership and financial experience to grow the business.”


News and expert analysis straight to your inbox

Sign up


There is one comment at the moment, we would love to hear your opinion too.

  1. Becoming a headcase IFA 29th July 2013 at 1:34 pm

    The new MAS initiative is to get the big issue salesman/people to provide free ‘advice’ on hedge funds and structured products.

Leave a comment


Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm