View more on these topics

Fitzwilliam enjoys 10th anniversary

The Fitzwilliam multi-manager fund is celebrating its 10th anniversary.

Fitzwilliam – the longest-running fund in the IMA’s balanced managed sector – is managed by BDO Stoy Hayward Investment Management investment director Sharon Segal and is now £78.8m in size.

It has returned 14.5 per cent against a sector average of 13.8 per cent over one year, 14.1 per cent against a sector average of -2.4 per cent over five years and 108.1 per cent against a sector average of 82.9 per cent since launch.

The fund offers a concentrated portfolio that is actively managed and can include combinations of equities, bonds and cash. Asset allocation is used for geographic and sector positioning. It seeks to provide long-term capital growth by active management of a diversified medium-risk portfolio of global equities and fixed-interest securities.

Segal says the approach of the fund is active, pragmatic and based on the judgement of fund managers working to know their clients exhaustively.

The focus is on capital protection and growth. Segal’s company, the fund management arm of accountancy network BDO Stoy Hayward, focuses on multi-manager investing, including equities, hedge funds, property, bonds and cash.

Segal says: “The fund has weathered some turbulent markets over the last 10 years and we are proud of its performance.”

Recommended

Nvesta zooms off

Nvesta has established the accelerator growth plan 3, a six-year guaranteed equity bond linked to the performance of the Dow Jones Eurostoxx 50 index.

Macpherson in Treasury move

Nicholas Macpherson has been appointed Permanent Secretary to the Treasury, succeeding Sir Gus O’Donnell. Macpherson was previously managing director of the budget and public finance directorate and before that was head of the public services directorate. He has 20 years’ experience in the civil service

Whitechurch links up with Pink Loans

Whitechurch Network has teamed up with Pink Home Loans providing members with a preferred packager facility. The deal allows Whitechurch members to access Pinks packaged lender panel including its products and branded range. The partnership became effective on July 25. Whitechurch Network managing director Ian McIver says: Ultimately we look at ways of enhancing our […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com