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.

SVG rebrands in honour of new owner

SVG rebrands in honour of new owner

SVG Investment Managers is to change its name to GVO Investment Management following its acquisition by Hansa Aktiengesellschaft, reflecting the initials of Hansa's chairman Georg von Opel.

‘I am delighted to be associating Hansa’s heritage with the business and to be supporting it through the next stage of its development,’ said von Opel, great grandson of the car magnate Adam Opel.

‘It’s been a very successful year for our business in terms of growth and investment performance,’ added Citywire AAA-rated Adam Steiner (pictured), chief executive of SVG. ‘We are very excited about the opportunity that our new ownership structure presents to improve and develop our client offering.  Our new name, along with the associated rebranding, will help us to establish a clear identity in investment management.’

SVG currently has £250 million of assets under management and manages the open-ended SVG UK Focus fund and the Strategic Equity Capital investment trust.

SVG UK Focus has delivered a first-quartile return of 44% over the past year, compared with 22% from the FTSE All Share. Strategic Equity Capital has returned 53% through the same period.

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 Volatility spike: How ETFs can soften the blow

Volatility spike: How ETFs can soften the blow

ETFGI’s Deborah Fuhr discusses the role of ETFs in client portfolios during volatile market conditions

Play Winter market warmers, the post QE world and timing the FED

Winter market warmers, the post QE world and timing the FED

This week’s episode of Investment Pulse looks at the winding down of quantitative easing, whether to try and time a Federal Reserve rate rise and if strong seasonal performers can reverse recent market slumps

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.

Wealth Manager on Twitter