Nigel Moore from the Manchester wealth management company Pilling & Co talks about his role as client facing member of the investment team and his bed time reading duties.
What’s your role within the company? I am part of the Investment Management Team with client facing responsibilities together with portfolio research and planning. In addition to managing both advisory and discretionary clients I have market access and can trade for our execution clients.
What’s new with you? Having recently received confirmation that I have completed my Gap-fill requirements I can now concentrate all my energies on clients and research.
What main investment ideas do you have which you think will help you succeed in 2012? I increased my allocation to the US last year and I believe this market will continue to outstrip the UK and Europe through 2012.
I have recently invested in a number of new retail bond, preference share and investment trust new issues. For example Medicx Fund, an investor and developer of Primary Health Properties, raised money at a discount to the market price. I invested on a 7.8% gross income yield and the stock currently trades 6.9% higher.
What do you do in your free time? Any hobbies? I enjoy malt whisky ( in moderation) and I took a trip to Speyside with friends last year on a whisky tour taking in several local distilleries. Obviously the most enjoyable part of the tours are the tastings at the end!
What’s the best bit about your job? The variety and unpredictability that a day can bring. I can meet with the senior management of a listed company in the morning, have lunch with a fund manager then meet with clients in the afternoon. Finally wearing my hat as Stockbroker the day can end with trading with the market in Canadian Mining stocks.
What was the last book you read? Thomas the Tank Engine – to my three year old last night!