The new unit, Enhance Investment Consultancy (EIC), is designed to provide a small number of clients and their advisers with tailored insights on portfolio construction, liquid and illiquid manager selection, and oversight and the custody arrangements associated with global wealth.
The EIC service will be managed by newly-appointed managing director Tom Wiseman who is a full member of the Chartered Institute for Securities & Investment (CISI) and Enhance’s head of research Ruzhen Li, who is a chartered financial analyst (CFA).
“We’re focusing purely on investment consultancy, which means we will do manager selection and advice and oversight on liquid and illiquid assets for clients typically with more than £20m ($28m, €25m) to invest,” said Wiseman.
The new London office is a FCA-regulated investment business which can take on UK-papered clients who can be from any country and invest anywhere in the world, he added.
EIC will also service high value clients referred by the Enhance Group’s new offices in Singapore and the Cayman Islands.
"Being a truly independent company, we are ideally placed to provide our clients with unconflicted investment advice that is squarely in their best interests,” Wiseman said.
“We maintain oversight on hundreds of investment managers across a variety of asset classes, currencies and jurisdictions – providing a robust, institutional calibre research framework for the EIC offering,” he said.