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.

Oaktree WM launches international business

Oaktree WM launches international business

Oaktree Wealth Management is planning to launch an international division under new hire Tony Shah, who was formerly head of Towry’s international business.

The firm, run by former Wealth Manager cover stars Jeremy Arthur and Ian Brady (pictured), Invesco Perpetual’s ex-head of fund of funds, is planning to target international clients through the new business to be led by Shah. He joins from Christchurch Investment Management.

Arthur said: ‘We found we were getting a growing number of enquiries to manage money offshore for UK residents.

‘I have known Tony for many years. He followed our progress from launch and felt that because of the strength of our processes, our investment management proposition was much more suited to his clients.’

As a result, the boutique has now gained its EU permissions and is hoping to see assets boosted once the new business is established.

‘We hope it will bring us additional funds under management and the opportunity to attract clients who may be coming back to the UK but want to keep their assets offshore,’ Arthur said.

Having launched in 2008, the company now runs £75 million in assets, and is aiming to reach £350-500 million over the next three to five years.

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 Potential US rate rise, cheap oil & the Europe opportunity

Potential US rate rise, cheap oil & the Europe opportunity

This week we analyse the implications of a possible rise in US interest rates, the impact of cheap oil and the European equity opportunity.  

Play Carmignac's Crowl: what QE could mean for Europe

Carmignac's Crowl: what QE could mean for Europe

The ECB is widely expected to finally fire its QE gun this week. Carmignac's Sandra Crowl discusses the implications for the eurozone.

Play Grexit worries, currency wars and a grizzly outlook for 2015?

Grexit worries, currency wars and a grizzly outlook for 2015?

The first Investment Pulse of the year looks at the potential impact of Greece leaving the euro, volatility in currency markets and the UK’s economic prospects.

Your Business: Cover Star Club

Profile: DIY investing is biggest threat to industry, says Whitechurch

Profile: DIY investing is biggest threat to industry, says Whitechurch

The industry is at risk of pushing potential investors down the DIY route unless it does more to make its services accessible says the Whitechurch Securities boss

Wealth Manager on Twitter