Thames River multi-manager pair Gary Potter and Robert Burdett have vowed to avoid gimmicks and focus on running demand-led products.
The former Credit Suisse managers started at Thames River last week and will soft-launch five core funds on September 10, before going fully live to the markets on October 1.
Three of the five initial funds will be multi-asset vehicles and Burdett says more specialist mandates, such as an ethical portfolio, and an offshore range will be launched at a later date.
Burdett says: “We do not want any gimmicks. We just want to supply something that the market demands.”
He says the pair ran the biggest and most varied multi-manager range in the market while at Credit Suisse but Thames River says it is still gauging adviser opinion on some product lines, such as regional funds.
Potter says: “It will depend on market demand alone. We have a list of starters and reserves and it is whether that demand leads to a change in our rationale.”
A fettered multi-manager product is also being planned, which is likely to blend a range of in-house hedge, property and fixed-interest funds. The multi-managers have begun meeting fund managers ahead of the planned launches.
Potter adds that at Credit Suisse, they invested £1.2bn across 50 investment companies and the due diligence they carried out on fund houses led them to choose Thames River.
He says: “We have always said that the ability to manage money is best carried out in a small environment where the investment culture is strong and we know the people really well.
“At Credit Suisse, far and away our biggest holdings were with Thames River funds so clearly we were big fans as investors. It is a modern asset manager that combines the boutique culture with a strong infrastructure.”