View more on these topics

New fund firm focuses on emerging markets

New fund manager BDT Invest is to take its first steps into the IFA market next month with the launch of a new offshore investment fund.

The fund is expected to invest in emerging markets, which are set to be the focus of the company. It will be managed under a growth-orien tated, stock-picking approach.

The new boutique fund manager, which launched with $100m (around £68m) of institutional mandates this month, has been founded by Henry Thornton, Rob Brewis and Simon Dobson.

Thornton and Brewis have worked together for the past 12 years, most recently at Colonial First State Invest ments. Dobson has worked at GT for 15 years.

All three fund managers have extensive experience in Japanese, Asian and emerging markets.

The firm&#39s chairman is Henry Thornton&#39s father, Richard, who founded GT.

The founders say the company is set to be a dedicated investment house, with all attention focused on producing high returns. It believes the current downward trend in US interest rates is set to boost emerging markets.

BDT says the existing capital consists of three mandates from blue-chip institutions but it hopes to double its assets under management by the end of 2001.

Chief executive Henry Thornton says: “This team has an outstanding record. That is why we have already attracted and will continue to attract significant mandates.

“Our investment focus is on the selection of individual companies with exceptional growth potential. Excellence in stock picking lies at the heart of the company&#39s investment style.”


Stakeholder focus on divided industry

The Money Marketing Focus Stakeholder Update reveals an industry split over what constitutes material disadvantage on pension policies sold prior to stakeholder. The Update says the FSA has avoided giving detailed guidance on the definition of material disadvantage when a client transfers into stakeholder from another style of scheme. This has led to providers taking […]

On Active service

First Active Financial chief executive Tony Ward sees the company&#39s takeover by the Britannic group as coming at just the right time for his plans for growth. Having won a string of awards and steadily increased its market share, First Active would not have been able to make the fullest use of its successful business […]

Difficult deliberations

Over the last few weeks I have looked at deliberate deprivation in the context of the local authority charge. While the general rules I have considered are relatively well known, questions are often posed concerning what actually happens in practice. Is the individual obliged to disclose any gifts he or she has prev iously made, […]

Artemis Investment Management – Artemis AIM VCT (Fixed interest securities)

Friday, 26th January 2001.Aim: Growth and income by investing in UK growth fund, UK smaller companies fund, income fund, UK special situations fund, new enterprises fund, fixed interest securities listed on AiM and OFEX, and unquoted companies.Minimum investment: £3,000.Opening-closing date: February 1, 2001-until further notice.Charges: Unquoted companies – annual 2 per cent.Commission: Initial 3 per […]

Health - thumbnail

Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.


News and expert analysis straight to your inbox

Sign up


    Leave a comment