Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Heartwood breaches £2bn asset landmark

Heartwood breaches £2bn asset landmark

Heartwood Investment Management saw record inflows over the first half of the year, powering assets past the £2 billion mark.

The dedicated investment division said its range of multi-asset funds saw the most substantial inflows during the period, with over £1.1 billion in assets under management at the end of June.  

Heartwood’s client base has grown across its private client, charity and intermediary divisions, with total inflows of over £600 million over the past 12 months. New business was generated primarily through referrals.  

Heartwood’s intermediary division also noted increased inflows over the past six months after signing several new partnerships with adviser platforms.  

Noland Carter (pictured), head of Heartwood Investment Management and a former Wealth Manager cover star, commented: 'We have surpassed the £2 billion milestone of discretionary funds under management, having attracted significant inflows across all our client divisions.These have been further strengthened through hiring a number of talented senior individuals. All of our global multi asset fund portfolios, underpinned by a strict risk framework, continue to deliver a consistently strong, long term performance and enable all our clients to benefit equally, from ISA investors to corporates.'

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 JPM’s Negyal: Back divis to temper EM volatility

JPM’s Negyal: Back divis to temper EM volatility

Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.

Play WMR: Why Russia will lose this war

WMR: Why Russia will lose this war

Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .

Play WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

Chief economic adviser to London mayor Boris Johnson outlines the geo-political risks in Asia and explains why the risk of another eurozone crisis must not be underestimated.

Your Business: Cover Star Club

Profile: The adviser that tempted Robin Minter-Kemp on board

Profile: The adviser that tempted Robin Minter-Kemp on board

It is rare to meet an impassioned individual who is willing to bang the drum for investment advisory right now

Wealth Manager on Twitter