Number of staff: 14
Number of clients: 1100
Assets under management: £550 million
Average portfolio size: £350k
Top three fund picks:
- Polar Capital Global Technology
This growth fund (managed by Nick Evans) invests in a globally diversified portfolio of tech firms and favours the e-commerce, digital payments and cloud computing sectors, which supports our long-term thematic investing theme.
- Worldwide Healthcare Trust
A specialist trust investing in the global healthcare sector. It is currently overweight biotechnology, with a large position in Alexion pharmaceuticals, which specialises in the treatment for rare diseases.
- RobecoSAM Smart Materials
The fund focuses on sectors such as energy storage, advanced materials, automation and robotics. The tech revolution continues to impact all corners of society and demand for change and progress shows no sign of slowing.
Q&A with Mark Henley, divisional director, Investec W&I, Reigate (pictured below)
What is your typical client demographic?
Our clients come in all shapes and sizes, from families, young professionals, charities and, increasingly, IFA DFM businesses. They tend to be UK individuals close to retirement or post-retirement looking for a range of outcomes, from capital growth and supplementary income for their retirement to safe custodians of family wealth.
What challenges are facing your local area?
The rapid pace of change in markets and the broader investment industry reinforces the need for a well-supported, locally based investment manager, at a time when personal contact in other areas of our lives are being diverted online. Personal wealth remains an individual business and we are located in a part of the country with excellent links to London and other large urban areas. Broader local challenges include high housing costs and the cost of living, which restricts the younger generation’s mobility.
Bullish or bearish?
We are cautiously optimistic that a resolution can be found on US and China tariffs, freeing up the mutual benefits of global trade. The downside potential for the global economy and investment markets would be considerable. Central banks remain sympathetic to the fragility of economic growth and are broadly supportive. We retain an optimistic view, but are cautious that the short-term rise since the start of the year could lead to bouts of profit-taking.
What differentiates your region?
Its proximity to London, giving excellent access to resources and fund managers, but without the day-to-day hassles associated with London. This freedom allows for regular personal contact with our clients at a local level, with the support and security of a national organisation.
What is the best thing about living in your region?
Surrey offers outstanding countryside, such as rolling hills and the South Downs, while remaining close to the capital and Gatwick Airport for wider travel.
Asset allocation chart of a typical 'balanced' portfolio: