Hichens Investment Management is celebrating its wealth management solutions second anniversary by seeing its funds under management breaking through 200m.
WMS launched in 2003 to meet a range of investor profiles designed to protect or create wealth through a low-volatility managed funds portfolio service, accessing a range of asset classes, including hedge funds.
WMS funds use four strategies – wealth preservation, wealth distribution, wealth creation and wealth escalation, between which clients can move as their needs change.
The respective target returns, in addition to inflation, on these four funds are 2 per cent, 3.5 per cent, 4 per cent and 6 per cent.
The investment management specialist manages the strategies in terms of risk, funds, market and individual portfolios based on a blend of assets.
Hichens Investment Management managing director John Howard-Smith says: Breaking 200m funds under management represents a landmark for HIM. We expect to grow this total further by continuing to put client needs first and through our bespoke offering of services such as the low-volatility WMS, which is celebrating its second anniversary with continued good performance.