Previously only available to Stonehage Fleming UHNW clients, the move marks the first time the group has worked with a UK distributor and forms part of a wider plan to distribute the Dublin-listed Ucits fund across Europe.
“Gemini is looking forward to working closely with the established Global Equity team at Stonehage Fleming and enabling a wider audience to access, what has been up till now, a hidden gem of a fund,” said Stuart Alexander, managing director, Gemini Investment Management.
“We are finding family offices to be increasingly important providers in the investment arena as they understand the needs of investors, so we are excited Stonehage Fleming came onto our radar in our search for talented investment managers,” he added.
The fund is managed by Gerrit Smit, partner and head of equity management at Stonehage Fleming and will be available to both institutional and retail investors.
With a high conviction strategy, the fund currently holds 25 stocks. Investments include Alphabet, Visa and Accenture as well as L Brands and Becton Dickinson.
“We only buy businesses with sustainable growth potential, a strong management team and a particular competitive edge,” said Smit.
“We run a concentrated portfolio, but one that has exposure to a wide range of sectors and geographies, thereby allowing investors to benefit from ‘best in breed’ businesses worldwide.”
