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.

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
Brewin's Gutteridge: what's behind the second oil crash?

Brewin's Gutteridge: what's behind the second oil crash?

This week Brewin Dolphin's research head talks to Will Riley, co-manager of the Guinness Global Energy fund, about what next for oil.  

Play AA-rated Bullas: what drove my UK small cap outperformance

AA-rated Bullas: what drove my UK small cap outperformance

AA-rated Richard Bullas has quietly been making a name for himself at the helm of the Franklin UK Smaller Companies fund.

Play Sector spotlight: how Harwood's Philbin is playing emerging markets

Sector spotlight: how Harwood's Philbin is playing emerging markets

Emerging markets have been a rollercoaster for investors, but amid the doom there have been have been bright spots, such as India. 

Your Business: Cover Star Club

Profile: CHI's bond supremo on liquidity and bond risk management

Profile: CHI's bond supremo on liquidity and bond risk management

'Some people have been extremely complacent about rate rise risk. Myself, I wish they would just get on with it.'

Wealth Manager on Twitter