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 unleashes UK and European unconstrained public equity funds

SVG unleashes UK and European unconstrained public equity funds

SVG Investment Managers is to unleash two of its unconstrained funds into the wider market.

The specialist public equity arm of private equity arm SVG Capital has won FSA approval to launch the SVG UK Focus and SVG European Focus fund on retail investment platforms. Both are Dublin-domiciled Oeics with the former managed by Jamie Seaton and Adam Steiner (pictured) and the latter by Andrew Goodwin,  

Both funds apply private equity techniques used in the epnoymous SVG Capital trust to public markets.

They adopt a bottom-up, stock-picking approach to invest in quoted companies that the managers believe are undervalued from a private equity perspective.

The funds are unconstrained by market indices and each invests in a focused portfolio of up to 35 companies.

According to data cited by SVG, the UK Focus Fund was ahead of its peer group according to Bloomberg on a one, two, three and five year basis as at 28 February.

Meanwhile the SVG European Focus Fund was one of the top performing funds in Europe over the last two years according to the Lipper survey of Europe excluding UK funds.

Steiner, who is also chief executive of SVG IM, said: 'The SVG UK and European Focus Funds have an impressive track record of delivering market-beating returns through their use of private equity techniques in the public markets and unconstrained approach to investing. We are delighted that these Funds have obtained FSA recognition and can now be available to a wider number of investors through retail platforms.'


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