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
Brewin's Foster: the world’s most unconventional monetary policies

Brewin's Foster: the world’s most unconventional monetary policies

In this week's podcast, Guy Foster asks why the world’s biggest economies are pursuing some of the world’s most unconventional monetary policies. 

Play Charles Tan on Woodford & hidden trust income gems

Charles Tan on Woodford & hidden trust income gems

Cantor Fitzgerald investment company analyst Charles Tan discusses Woodford Patient Capital and some of the income trusts slipping under the radar.  

Play Taxicab Tenner: SGPB Hambros CIO Eric Verleyen

Taxicab Tenner: SGPB Hambros CIO Eric Verleyen

In the second episode of our new series, Verleyen jumps on board a black cab and explains how hard it's become to find good valuation on the market.  

Wealth Manager on Twitter