Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Charity veteran Edward Jewson launches consultancy

Charity veteran Edward Jewson launches consultancy

Charity veteran Edward Jewson has returned to the market with the launch of a consultancy business, Portfolio Manager Consultancy Limited (PMCL). The launch comes more than a quarter of a century after Jewson launched his eponymous charity firm.

PMCL provides a range of services to charities to help them with their investment management arrangements. These include advice on investment policy, strategic asset allocation, ongoing monitoring of investment managers and manager selection.

Ultimately PMCL’s aim is to provide trustees with data and knowledge, while also clarifying what they are looking for from their investment manager.

Jewson (pictured) is a well-known figure in the charity space. He started his career with Brown Shipley in 1972 and went on to set up shop for the prestigious Hambro family in New York before returning to London to form his charity firm, Jewson Associates.  

The business, which offered similar services to PMCL, was sold to private office Stanhope Capital in 2011, where Jewson headed the charities and consultancy division and was a partner until 2014. A year later, he joined Waverton Investment Management as a consultant.

‘I formed PMCL because I saw there was appetite from charities, particularly those with investments of a reasonable size, for having truly impartial help with their investment management arrangements – where there are no conflicts of interest,’ Jewson told Wealth Manager.

Jewson has hired Tatyana Mursalimov as a director at PMCL, where she will be responsible for analysis and research. She was formerly an executive director at Goldman Sachs, where she launched research coverage of South African consumer and retail stocks.

Fees are based on a time basis, the complexity of the work involved, alongside the assets under advice. Jewson said the business has so far received a warm welcome from charities and investment groups alike.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Mark Barnett - part 2: why I'm not buying Lloyds

Mark Barnett - part 2: why I'm not buying Lloyds

In the second part of our exclusive video interview, Barnett explains why he has no intention of buying Lloyds, and where he sees the greatest income opportunities.

Play Wealth managers reveal the best investment ideas of the year

Wealth managers reveal the best investment ideas of the year

From robotics to impact investing, wealth managers share the best ideas they have heard this year.

Play Baillie Gifford's Earnshaw on Xi Jinping's 'new era'

Baillie Gifford's Earnshaw on Xi Jinping's 'new era'

Sophie Earnshaw talks through what Xi Jinping's 'new era' means for investors. and why Chinese tech offers some of best growth stocks in the world.

Read More
Your Business: Cover Star Club

Profile: JM Finn on why the future is with financial planners

Profile: JM Finn on why the future is with financial planners

There is a lot of work on pension consolidation and Sipps have been a big driver there, says JM Finn chief executive

Wealth Manager on Twitter