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.

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 Liontrust ESG head says sustainable investment doesn't mean low return

Liontrust ESG head says sustainable investment doesn't mean low return

Peter Michaelis talks about ethical investment growth and where he sees future opportunites.

Play Are platforms the biggest barrier to wealth manager ETF take-up?

Are platforms the biggest barrier to wealth manager ETF take-up?

Citywire hosted a roundtable discussion to find out how and if wealth managers are using ETFs in their clients' portfolios and the challenges they face trading through different platforms.

Play SVM's Veitch on what's next for banks

SVM's Veitch on what's next for banks

SVM fund manager Neil Veitch is finding value in what he describes as unstable financials and talks through his favourite small caps.

Read More
Your Business: Cover Star Club

Profile: Affinity’s Julia Warrander on the importance of diversity

1 Comment Profile: Affinity’s Julia Warrander on the importance of diversity

'Sometimes there are 10, sometimes 20 people around a table and, more often than not, I’m the only woman,' says the Affinity Wealth co-chief investment officer

Wealth Manager on Twitter