bulletEDITOR'S PICKS

 

Court rules French social taxes unjust

From Europe Mar 31 2015 @ 04:00

Non-French residents will no longer have to pay social charges on unfurnished rental income...
view article

Scam fears grow as UK pension freedom day nears

From United Kingdom Mar 30 2015 @ 11:52

Scam fears grow as UK pension freedom day nears

Fears that unregulated financial advisers will step up the marketing of unsuitable products...
view article


bulletRELATED ARTICLES

 

bulletNEWS

 

LATEST NEWS

Sesame discards advisory network despite drop in complaints

UK financial services giant, Sesame Bankhall Group, is to sell part of its...
view article

Lion Global Investors launches RQFII fund trio

From Products Mar 31 2015 @ 15:33

ANALYSIS: Just how transparent will DFMs...

From Analysis Mar 31 2015 @ 13:49

MORE FROM United Kingdom

LATEST NEWS

Bonds and equities vulnerable on exit from ‘survival cycle’ - Tellsons Investors

It feels to us that we are approaching the end of this ‘survival cycle’, a period...
view article

Manulife Singapore launches FAIR-compliant...

From Products Mar 31 2015 @ 11:20

Court rules French social taxes unjust

From Europe Mar 31 2015 @ 04:00

MORE FROM Analysis

LATEST NEWS

RWC launches new Japan fund

RWC has launched the RWC Nissay Japan Focus Fund with ‘day one’ investment...
view article

IFA jailed after stealing £465k from...

From United Kingdom Mar 30 2015 @ 16:57

Code of good practice launched to combat...

From Retirement Mar 30 2015 @ 15:41

MORE FROM Products



Tideway launches managed account service with Collins Stewart

From Products Dec 4 2012 BY: Helen Burggraf , Contributing Editor , International Adviser

Add to My News Comments (0)

Add to My News Print

Add to My News

add to twitter

add to linkedin


Tideway Investment Partners, a London-based specialist global macro and fixed income investment analyst and fund manager, has launched a Jersey-based managed account service aimed at investors looking to investment £1m or more to protect their capital while earning above-inflation returns.

The service brings together investment accounts from Collins Stewart Wealth Management, providing custody and trading, with research and investment selection by Tideway’s team.

The Tideway Investment Partners  Managed Account Service went live in November  with £30m under investment, split between Collins Stewart Wealth Management’s London and Jersey offices. The minimum investment is £1m.

The target return is 6% to 8% per annum, after all costs, Tideway said, adding that the value of the average account is “just over £3m”, with investors split 50/50 between UK residents investing through their self-invested personal pensions SIPPs), and expatriates investing via Jersey.

It bases this target on what company executives say they believe is “reasonably achievable in fixed markets on a forward-looking basis”.

Tideway's managed accounts generated total returns of 15% on average in the eleven months to the end of November, the company said.

Tideway managing partner James Baxter said many of the investors in the Tideway Managed Account see it as a “safe way to protect capital and generate income”, while other parts of their capital base is exposed to “more speculative equity” investments.

Managed Account investors, Baxter added, get both “the financial security of having asset custody, trading and reporting performed by a...large balance sheet broker, combined with investment selection from a highly-focused boutique investment company”.

Tideway was founded in 2009 by Baxter, with partner Peter Doherty joining in 2010, and is best known to some investors for its Global Navigator absolute return fund, which has returned 20% to investors up to the end of November, since it was launched in September 2011.

Doherty, who manages that fund, said the case for investing in fixed income securities versus speculating on equity markets is compelling at the moment.

 

IA fact box
Name
Tideway Investment Partners  Managed Account Service
Domicile
Jersey/London
Minimum investment
£1m or currency equivalent
Type of product
Managed account service
Size
£30m at launch
Annual charge
1%
Performance fee
none
Launch date
November 2012

 

 

 

Add to My News Comments (0)

Add to My News Print

Add to My News

add to twitter

add to linkedin


COMMENTS


Have your say

(Be the first to) Have your say!

Please sign in or register here to leave a comment. Registration is free and only takes a few moments.






Share us on Twitter

SHARE US ON TWITTER
Join the community

Join us on Linked In

SHARE ON LINKED IN
Inform your colleagues

Switch to our mobile site

SWITCH TO MOBILE SITE
News on the go

Back tot he top of the page

BACK TO TOP OF PAGE
Just click here...