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Top 30 Under 30: the 2018 class of new wealth talent

Once again Wealth Manager has selected the rising stars of the UK private client investment management industry.

After stiff competition, once again Wealth Manager has selected the rising stars of the UK private client investment management industry.

The young guns of wealth management are making their mark and rising through the ranks to claim influential positions in their companies.

Whittling the field down to 30 remains a great challenge. All of the entrants excel at their jobs and have been working towards impressive qualifications, with an increasing number attaining CFA charterholder status or the Chartered Wealth Manager designation.

Our select list is based on professional qualifications, academic achievements and the importance of the role they play at their current companies. This includes criteria such as personally running client money, being members of different investment committees or other forms of influence.

We asked our Top 30 to share their favourite funds, best and worst investment decisions, as well as what they think is the biggest challenge they face in their roles. For a little more light-hearted content, we also found out about their hobbies, their first jobs and their investment heroes, giving us a chance to learn a bit more about the people behind the qualifications.

The selection process certainly showed that the new wave of young professionals in wealth management are a force to be reckoned with and they are committed to improving both the industry and their companies, meaning the future looks bright for the sector.

Here is this year’s Top 30 Under 30, listed in no particular order.

 

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After stiff competition, once again Wealth Manager has selected the rising stars of the UK private client investment management industry.

The young guns of wealth management are making their mark and rising through the ranks to claim influential positions in their companies.

Whittling the field down to 30 remains a great challenge. All of the entrants excel at their jobs and have been working towards impressive qualifications, with an increasing number attaining CFA charterholder status or the Chartered Wealth Manager designation.

Our select list is based on professional qualifications, academic achievements and the importance of the role they play at their current companies. This includes criteria such as personally running client money, being members of different investment committees or other forms of influence.

We asked our Top 30 to share their favourite funds, best and worst investment decisions, as well as what they think is the biggest challenge they face in their roles. For a little more light-hearted content, we also found out about their hobbies, their first jobs and their investment heroes, giving us a chance to learn a bit more about the people behind the qualifications.

The selection process certainly showed that the new wave of young professionals in wealth management are a force to be reckoned with and they are committed to improving both the industry and their companies, meaning the future looks bright for the sector.

Here is this year’s Top 30 Under 30, listed in no particular order.

 

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Carly Moorhouse

Investment analyst, Mazars Wealth Management

Top qualifications: Working towards CFA Level 3 exam

Key responsibilities: Member of the fund selection, asset allocation and portfolio construction committees

Group AUM: £815 million

Moorhouse started out in financial services consulting at Mazars LLP, where she worked on several high profile projects surrounding regulation, compliance, monitoring trustee reporting and viability assessments for companies involved in mergers and acquisitions.

She then transferred over to Mazars Wealth Management just under two years ago and has been working as the team's UK, Asia Pacific and emerging markets equities specialist ever since.

She describes her role as ‘incredibly wide-ranging’, encompassing fund selection, macro-economic research, financial modelling and writing investment communications.

Moorhouse says the biggest challenge is handling the ‘increasing perception among investors that active management does not represent good value for money’.

She stresses the importance of going with your gut instinct and selling out of funds that you do not feel comfortable with, even if the fundamentals are supportive.

Who is your investment hero?

‘[Restaurant entrpreneur] Sarah Willingham. In a male-dominated industry, her accolades as both an investor and a businesswoman are incredibly inspiring to me. She has achieved so much very early on in her career, which makes her even more of a figure to look up to.’

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Andrew Gilbert

Investment manager, Parmenion Capital Partners

Top qualifications: CFA Charterholder

Key responsibilities: Chair of the ethical oversight committee, member of fund selection, asset allocation and portfolio construction committees

Personal clients: 38,000, £3.3 billion

Group AUM: £4.5 billion

Gilbert is quite a well-known name in ethical investing. After graduating with a degree in economics from the University of York, he was recruited as an investment assistant at Rathbones Greenbank.

From there he joined Parmenion Capital Partners in November 2010 as an investment analyst. His current role as an investment manager encompasses portfolio management, fund selection and asset allocation.

He also has responsibility for developing Parmenion’s ethical portfolio range. Sitting on a number of committees, he says his responsibilities include reviewing ‘research from all sources (fund managers, newspapers, magazines, industry research, experience, value/momentum scores etc) to determine our house strategic and tactical asset allocation views and positioning’.

While he says Warren Buffett is his investment hero, his current top three fund picks are Rathbone Ethical Bond, Liontrust Special Situations and Veritas Asian. 

 Where would we find you outside the office?

‘Looking after my three kids (seven months, two and four years old) or walking our crazy chocolate Labrador!’

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Emma Corbishley

Research analyst, UBS Wealth Management

Top qualifications: CFA Charterholder

Key responsibilities: Fund research and portfolio management

Group AUM: £1.77 trillion

Corbishley started out in financial services transfer pricing at Ernst & Young, later joining UBS Wealth Management’s fund research team in 2011, where she covered a range of long-only funds and also managed the funds exposure for a number of asset classes within UK discretionary mandates.

She then moved to UBS’s real estate team as a research analyst. Corbishley says the biggest challenge in her role is ‘balancing client requirements for long-term returns and short-term income and liquidity against a backdrop of uncertain macroeconomics, increased regulation, fee pressure and competition from passives’.

Although she has only been at UBS for six and a half years, she is already something of an investment veteran. Back at university, she used to invest student union money in plays produced and directed by students as treasurer and a member of the drama society's committee.

She said the objective is more about cultural enrichment, but everyone likes to receive a return on their investment.

What was your first ever job?

‘Extra in Great Expectations (I was 9 years old).’

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Rob Feather

Senior investment manager, Myddleton Croft Investment Managers

Top qualifications: Chartered Wealth Manager

Key responsibilities: Sits on the fund selection, asset allocation and portfolio construction committees

Group AUM: £105 million

After graduating with a non-finance degree, Feather felt that he ‘had to accumulate a lot of knowledge’, prompting him to build up his qualifications.

Being part of a team of three at Myddleton Croft has enabled him to quickly take on more responsibilities over the last five years. He stresses the importance of investors remaining resolute, even if their investment style is periodically out of favour.

Feather also underlines the importance of investors positioning their portfolios ‘by looking out of the windscreen, as opposed to the rear-view mirror’, with too many clustered in positions that have done well since the financial crisis, but look overvalued now.

His top three fund picks are British Empire, Catco Reinsurance Opportunities and TwentyFour Income, while he also backs the Asian Total Return investment trust, which he bought before Henderson took over the mandate from Schroders.

Feather’s best investment call has been IWG twice in 14 months on market movements, challenging the market’s view on the company both times and being proven correct.

What was your first ever job?

‘Tailor’s assistant, aged 16.’

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Helena Powell

Investment manager, Smith & Williamson

Top qualifications: Chartered Wealth Manager, passed CFA Level 1 exam

Key responsibilities: Member of the fund selection committee

Personal clients: 150, £95 million

Group AUM: £19.1 billion

Powell started the Smith & Williamson graduate scheme in 2013 and the next year joined the group’s only all-female investment team, which runs over £1 billion for private clients and charities.

Her core responsibilities are covering fixed income funds and the consumer staples sector, presenting ideas to the team at their regular investment meetings.

She also acts as a mentor for new graduates in the firm, organising their training as well as providing advice. Powell personally oversees £95 million across 150 clients and says it is crucial to identify any gaps in your investment thesis and how these might affect your underlying holdings.

Her top three fund picks are Fundsmith Equity, Findlay Park American and her own firm’s Artificial Intelligence fund.

Buying Amazon in February 2016 and Estee Lauder last March have proven her best calls, while ‘being swept up in the tungsten hype’ was her worst.

Who is your investment hero?

‘Georgina Hamilton, manager of the Polar Capital UK Value Opportunities fund.’

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Scott Goodrum

Investment manager, Brooks Macdonald Asset Management (International)

Top qualifications: Chartered Wealth Manager, working towards CFA Level 2 exam

Key responsibilities: Member of the fund selection, asset allocation and direct bond committees

Personal AUM: £50 million

Goodrum’s tutor recommended him to Brooks Macdonald after he passed the IAD and PCIAM qualifications, the latter with a distinction.

He started out as an accountant in Jersey after graduating from Durham University, but soon moved over into wealth management after before taking a role in RBC’s private client team, focusing on advising expatriates based in the Middle East.

Once he realised that investment management was the part of the business he enjoyed most, He took the investment management qualifications ahead of his move to Brooks Macdonald, initially joining as a trainee investment manager.

He qualified as a full investment manager, just under a year later in early 2016. Goodrum specialises in running segregated direct corporate bond portfolios for a range of clients and also has research responsibilities, leading the fixed income fund selection for the multi-asset strategies.

What has been your worst investment call?

‘A personal decision to invest a small amount in cryptocurrency. Given I'm a pretty conservative manager, I can't handle watching the volatility.’

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Alex Chappell

Investment manager, DB Wood

Top qualifications: Working towards CFA Level 2 exam

Key responsibilities: Member of the fund selection, asset allocation and portfolio construction committees

Group AUM: £450 million

Chappell started as an investment analyst after completing a successful internship programme at DB Wood in September 2014.

He says the culture of the company is to promote autonomy and innovation, and a number of new initiatives, such as the implementation of an in-house screening matrix and a more robust asset allocation structure enabled him to quickly take on more responsibility within the team.

He was promoted to investment manager in early 2017 and now coordinates and manages a team of six, under the ultimate responsibility of DB Wood’s chair.

His other responsibilities include fixed income and US equity fund research, along with portfolio construction and implementation.

The biggest challenge for investors is delivering an annualised return of 4% from a low-risk profile in the current low-interest market environment, with valuations across many traditionally defensive asset classes stretched, he says.

His best investment call was ‘fighting for emerging market equity exposure in mid-2015’. 

Who would you hate to be stuck in a lift with?

‘A bitcoin trader.’

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Fred Mahon

Fund manager, JM Finn

 Top qualifications: CFA Charterholder

Key responsibilities: Member of the fund selection, asset allocation and stock selection committees

Personal clients: 1000, £50 million

Group AUM: £9.3 billion

An MA in History, especially one focusing on Iranian nationalism during the mid-20th century, does not naturally translate into a career in investment management.

But after stints at Church House Investments and Winterflood Securities Mahon joined JM Finn in 2012.

Having spent four years as an equity analyst in the company’s research department, he was given responsibility for its unitised wealth management offering, the three Coleman Street funds, in 2016.

What have been the best and worst investment decisions you have made during your career? 

Best: ‘Renishaw. This unique UK metrology company has managed to grow at a high rate for many years thanks Sir David McMurtry who has been unwavering in his commitment to investing in R&D.’

Worst: ‘Having invested in AA just after the IPO, its shares almost doubled in a short period of time. But the lavish investor day at the Hurlingham Club should have been a warning! I sold the shares 30% lower (still in profit) and the AA share price subsequently went on to halve.’

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Guy de Zulueta

Senior investment manager, Killik & Co

Top qualifications: Chartered Wealth Manager

Key responsibilities: Member of the fund selection committee

Personal clients: 150, £55 million

De Zulueta started a degree at Newcastle University, but was offered a job with a City wealth firm before he could actually finish it and left university for full-time employment.

In February 2012, he moved to Killik, working under partner Michael Pate. During this time, his team’s assets under management have grown from £200 million to £500 million.

De Zulueta started running his own portfolios and building a book of clients in December 2014. He says the biggest challenge facing his role at the moment is Mifid II.

He says: ‘While I am certain it will bring benefits, in certain areas it undermines client confidence in the industry.’

What have been the best and worst investment decisions you have made during your career?

Best: ‘Buying Amazon in 2012, which I hold to this day and expect to do so for many years to come.’

Worst: ‘Finding out the true meaning of leverage with Lloyds Banking Group ahead of the Brexit vote. The vote as we know was 'leave' and the 30% drop in the share price wiped out my investment savings. I still managed though to get a distinction in my CWM on the same day despite having to come to terms with this cataclysmic loss!’

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Shane Bennett

Research analyst, Cathedral Financial Management

Top qualifications: Working towards Chartered Wealth Manager status, passed CFA Level 1 exam

Key responsibilities: Member of the fund selection, asset allocation, portfolio construction and investment committees

Group AUM: £370 million

Bennett first joined Cathedral in 2010 when he completed a one-year work placement while studying for a degree in international financial services.

This research assistant role enabled him to put into practice the theory he was learning at university and he returned to the company as a research analyst after graduating in 2012.

Bennett’s responsibilities include assisting in managing the company’s discretionary portfolios and he has a lead role on asset allocation and fund selection committees.

He also writes Cathedral’s quarterly market commentary, which is sent to both advisory and discretionary clients.

He lists his top three fund picks as Old Mutual Global Equity Absolute Return, Man GLG Undervalued Assets and Lazard Emerging Markets, while his best ever investment call was building exposure to European high yield bonds following the financial crisis.

Who would you hate to be stuck in a lift with?

‘The character Janice from Friends. Hearing her laugh in a confined space with no escape would be torture.’

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Tommy Doan

Investment counsellor, HSBC Private Bank

Top qualifications: Chartered Wealth Manager, CFA Charterholder

Key responsibilities: Member of the next generation committee

Personal clients: 40, £500 million

Doan joined HSBC Private Bank as an investment counsellor last year, running portfolios for high net worth individuals, with a particular focus on entrepreneurs and corporate executives, many of whom work in hedge funds, private equity and investment management.

He started his career at Morgan Stanley, working alongside its credit default swaps trading desk, before moving to Coutts.

He spent four years at Coutts, working his way up to becoming the youngest private banker promoted in seven years.

He then moved to Citibank for a three-year stint as an investment adviser, formulating asset allocations and suitable portfolios for wealthy clients.

His investment specialisms include generating thematic ideas around technology and South Asian equities.

 Where would we find you outside the office?

‘I teach martial arts to students of all ages on the weekends. During the weekdays, I'm either socialising with friends and family or doing something for charity, like runs, fundraisers, doing activities with schools to help children be educated in financial matters.’

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Emma Saunders

Research analyst, Rathbones

Top qualifications: CFA Charterholder

Key responsibilities: Member of fund selection and asset allocation committees

Group AUM: £39.1 billion

Saunders recommends everyone read The Intelligent Investor by Benjamin Graham, who is her investment hero. The tome was apparently the first book she read when coming into the industry and it has clearly made an impact.

Saunders is now a research analyst at Rathbones, joining in December 2014. She sits on the collectives research team, carrying out quantitative and qualitative analysis.

Prior to Rathbones, she worked at Westhall Partners, where she spent three years focusing on Asian hedge funds. She has a BSc in Mathematics and Business Management from the University of East Anglia.

What is the biggest challenge facing your role?

‘Navigating through an environment which is very different from before. Following years of accommodative monetary policy, we are now entering a rate hiking cycle – and with the unwinding of QE, we are in unprecedented territory. It will be important for fund selectors to pay close attention as to how managers navigate through this period, in order to select the best opportunities.’

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Alistair Campbell

Investment associate, Heartwood Investment Management

Top qualifications: CFA Charterholder, Chartered Alternative Investment Analyst, Chartered Accountant

Key responsibilities: Member of fund selection, asset allocation, portfolio construction committees

Team AUM: £3.4 billion

It is not every day that someone’s first investment takes them to a relatively obscure place like Kurdistan. Campbell invested in an AIM-listed oil exploration company based there. He says it was a disaster, but served as a good lesson in the difference between investing and speculating.

Campbell joined Heartwood Investment Management in 2017 and focuses on research into alternatives. He also assists in the management of the Heartwood Alternatives fund.

After graduating in accounting and finance from the University of Exeter, he started his career in investment management in 2013 as an analyst at Société Général Private Bank, before joining Sarasin & Partners to specialise in liquid hedge fund strategies.

Who would you hate to be stuck in a lift with?

'Anybody eating smelly food.’

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Ian Woolley

Senior investment analyst & AIM portfolio manager, Hawksmoor Investment Management

Top qualifications: CFA Charterholder

Key responsibilities: Member of the fund selection, asset allocation and portfolio construction committees, and chair of the equity committee

Personal clients: 35, £5 million

Group AUM: £1.1 billion

After graduating in 2009 with a first class degree in mathematics from the University of Bath, Woolley spent two years living in the Asia Pacific where he worked in business consultancy and set up an IT outsourcing business in the Philippines.

Prior to joining Hawksmoor in 2013, he worked as an analyst in a €200 million (£178 million) family office, looking after the investments of ultra-high net worth individuals.

He is responsible for the day-to-day management of Hawksmoor’s AIM service, specifically UK equity research.

At the moment, he says ‘attempting to marry the long-term nature of investing in businesses with the short-term focus and demands of clients’ is his biggest challenge.

What was the first thing you ever invested in?

‘When I was at university I set up and invested in a company called Travellingbug that arranged gap-year and travel placements in Bolivia, Uganda and the Philippines.’

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Harry Garrett

Investment manager, Parmenion Capital Partners

Top qualifications: CFA Charterholder

Key responsibilities: Member of the fund selection, asset allocation and portfolio construction committees

Garrett’s investment career began straight out of Bournemouth University, where he completed a BA in Accounting and Business.

He joined investment platform Novia, based in Bath, before taking up a role with Parmenion, working for its Parmenion Investment Management arm.

He and the team monitor and manage the investment solutions available through the company’s platform.

He sits on the tactical asset allocation committee, helping with fund analysis across different asset classes, as well as presenting at a number of adviser roadshows.

Where would we find you outside of the office?

‘Now that my studying is over, at weekends I am usually playing football, hacking my way around a golf course or chasing/walking our disobedient border terrier around one of the local fields.’

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Felicity Selcoe

Investment manager, Smith & Williamson

Top qualifications: Chartered Wealth Manager, working towards CFA Level 3 exam

Key responsibilities: Member of the fund selection committee

Personal AUM: 25, £125 million

Group AUM: £20 billion

Aside from investment management at Smith & Williamson, Selcoe leads a number of initiatives, helping expand the firm’s network in areas like Women in Football, sustainable tech, sports and entertainment, and entrepreneurs.

She also holds educational sessions for various Premier League football academies. In addition, she is spearheading the group’s Ladies in Finance initiative.

She works in a team managing bespoke portfolios for private clients, charities and trusts. Prior to joining Smith & Williamson, she completed the graduate programme at Coutts.

In her current role, she also covers UK equity income funds. She has a degree in economics and politics, as well as an MSc in Finance. She names her top three fund picks as the Scottish Mortgage investment trust, the BlackRock Frontiers fund and the Franklin Equity Income fund. 

What have been the best and worst investment decisions you have made during your career?

Best: ‘Monks investment trust when it was on a huge discount; it has since narrowed.’

Worst: ‘Empiric Student Property.’

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Matthew Yeates

Quantitative investment manager, Seven Investment Management

Top qualifications: CFA Charterholder

Key responsibilities: Member of the fund selection, asset allocation and portfolio construction committees

Group AUM: £11 billion

Yeates is the lead manager on 7IM's Real Return fund. Since moving to the investment team at the company in 2015, he has specifically focused on developing the firm’s use of alternatives across its multi-asset range.

He initially joined 7IM in 2013, working on the risk team developing the company’s risk models. Previously, he worked at Brewin Dolphin, on its quantitative research team.

He has published work on the challenges of investing for retirement, leading the firm’s pension research initiative. He says his top fund picks are F&C Equity Market Neutral, AQR Managed Futures and BNP Commodity Carry.

Where would we find you outside the office?

‘Riding my bike around the South of England, as a member of the London Dynamo cycling club, or windsurfing.’

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Ryan Lightfoot-Brown

Research analyst, Chelsea Financial Services

 Top qualifications: Working towards CFA Level 2 exam

Key responsibilities: Member of fund selection, asset allocation and portfolio construction committees

Group AUM: £1.1 billion

Lightfoot-Brown describes his MSc Finance course as one of his best investments; while studying he started working as a corporate underwriter to help build his knowledge.

He used the financial statement analysis he learned there for a coursework piece which ultimately won him the CISI Educational Trust Award in 2013.

While finishing his dissertation, Lightfoot-Brown got a job on Hargreaves Lansdown’s investment helpdesk. After graduating, he moved to London to take a data analyst role at Trax, part of MarketAxess where he worked on its bond trading platform on new issues.

After 15 months, he moved to Chelsea Financial Services. Since he joined, the company’s four-strong research team has progressed from producing buy lists and running model portfolios to launching the range of Chelsea Managed funds.

Lightfoot-Brown names Finnish academic Jaakko Aspara as his investment hero, pointing to his work on the dynamics between consumers and investors, which provides new insight into behavioural finance.

What was your first ever job?

‘Orchestra pit assistant at Glyndebourne Opera House.’

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Rory Campbell-Lamerton

Fund manager, Church House Investment Management

Top qualifications: Chartered Wealth Manager

Key responsibilities: Member of the fund selection, asset allocation and portfolio construction committees

Group AUM: £1 billion

Campbell-Lamerton graduated with a degree in modern languages from the University of Newcastle and began his career with successive internships at Rensburg Shepphards and then Investec Wealth & Investment, before joining the Church House Investment Management graduate recruitment scheme in September 2012.

He initially worked in the company’s client relations and charities team and then moved over to its fund management division in late 2013.

His primary focus is on equities, working closely with chief investment officer James Mahon. That said, he also works with Jeremy Wharton on the fixed income side, and was promoted to fund manager last December.

A keen fan of both Exeter City Football Club and the Scotland rugby team, He lists his top fund picks as Latitude Horizon, Coupland Cardiff Japan Income & Growth and Caledonia Investments.

His first investment was in Scottish Mortgage and his best ever call was buying shares in soft drinks company Fever-Tree in 2015.

What was your first ever job?

‘Gamekeeper.’

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Joshua McCathie

Senior portfolio manager, BRI Wealth Management

Top qualifications: Chartered Wealth Manager, working towards CFA Level 2

Key responsibilities: Member of the fund selection, asset allocation, portfolio construction and UK equities committees

Group AUM: £450 million

McCathie is a rising star at BRI Wealth Management since joining three years ago. He was promoted from his initial role as a junior research analyst to chairing the asset allocation and portfolio strategy committees, with over 15 investment managers and analysts, and takes a leading role in UK equity research and selection.

Approximately £100 million of the company’s AUM is in this sector. His best investment decision was investing in GKN, ‘simply due to how it's gone in such a short time frame.

We bought in towards the end of 2017 and it was bid for in January this year’. On ITV, however, he says: ‘We have been long-term holders and like the valuation, but the stock has underperformed on Brexit concerns and worries over internet advertising.’

What are your top three fund picks?

Baillie Gifford American, Man GLG Undervalued Assets and BB Healthcare Trust

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Nicholas Thompson

Investment executive, Redmayne Bentley

Top qualifications: Chartered Wealth Manager

Key responsibilities: Member of the fund selection and equities committees

Personal clients: Six, £3.3 million

Thompson graduated with a BA Hons Banking with Finance from Sheffield Hallam University in 2011; during his degree he gained work experience at a number of financial firms, including KBC Peel Hunt and Redmayne Bentley, where he spent a year on placement.

He has worked at Redmayne Bentley for over five and a half years since graduating. A Chartered Wealth Manager, he is part of a 17 strong team and he personally manages six clients, who have a combined £3.3 million of assets.

As part of his responsibilities, he sits on the company’s equities committee, tasked with reviewing both new and existing equity ideas.

He also covers fixed income collective investments as part of his role. Thompson describes ‘reaching out to investors who are my age’ as the biggest challenge in his role, with the Financial Conduct Authority’s Financial Advice Market Review having highlighted a lack of consumer engagement with financial advice.

What was your first ever job?

‘A waiter at Pizza Hut.’

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Philip Bagshaw

Senior portfolio specialist, City Asset Management

Top qualifications: CFA Charterholder

Key responsibilities: Member of the fund selection, asset allocation, portfolio construction and MPS portfolio construction committees

Group AUM: £600 million

Bagshaw joined City Asset Management straight from university, starting out as an investment analyst, primarily focusing on researching alternative investments and structured products.

As his career has progressed, his responsibilities have grown and as a senior portfolio specialist. 

He now has significant influence on asset allocation and portfolio construction, through being a member of both committees. He cites International Public Partnerships, ADG Systematic Macro and the ICG Enterprise Trust as his top three fund picks, and admits the biggest challenge is ‘trying to balance expensive asset prices with positive economic fundamentals’.

He says Howard Marks is his investment hero and his first ever investment was in a stock listed on the Alternative Investment Market, which does not exist anymore.

What have been the best and worst investment decisions you have made during your career?

‘The best has been investing into alternative income, long-dated cash flow assets have performed extremely strongly over the last few years.

‘The worst decision was to short the UK market, which unfortunately performed strongly after that.’

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Phoebe Stone

Investment manager, LGT Vestra

Top qualifications: Chartered Wealth Manager

Key responsibilities: Member of the investment, authorised collectives and the model portfolio service investment committees

Group AUM: £10 billion

An ambassador for breast cancer charities as well as an investment manager, Stone’s first investment was a rather sweet one.

At 12, she asked her parents to buy her Cadburys shares because she loved the product. Stone started her career on the Royal Bank of Scotland graduate scheme, working at Coutts/Adam & Company.

After four years, she joined LGT Vestra as a model portfolio manager. Her best investment decision was exiting property Oeics before the Brexit vote and reallocating the money into infrastructure.

She highlights the Baillie Gifford Japanese Smaller Companies, the Polar Capital UK Value Opportunities and the JP Morgan Global Macro Opportunities funds as her top investment picks.  

What was your first ever job?

‘Working on the punts (boats) in Cambridge.’

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Jonathan Moyes

Investment manager, Whitechurch Securities

Top qualifications: Chartered Wealth Manager

Key responsibilities: Member of the fund selection, asset allocation and portfolio construction committees

Group AUM: £400 million

In his current role, Moyes assists in the management of portfolios across Whitechurch’s discretionary service. He joined the company in 2011 from Brewin Dolphin and is responsible for qualitative and quantitative investment research, fund selection and the risk management of discretionary portfolios.

He is a graduate of the University of Exeter, where he completed a masters in finance and investment.

 Who is your investment hero?

‘Having had a more difficult period of performance in 2016, I know it is a stressful and frustrating experience, and so on that logic, I really respect the deeply contrarian fund managers who go against the grain and endure poor spells of performance where their AUM can fall substantially, but yet they remain committed to their philosophy and process.

It is these patient, longer term investors who add value to their clients’ investments. Two fund managers spring to mind - Rob Burnett, and Crispin Odey, who is still ahead of European equities since launch!’

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Stuart Chilvers

Fixed income research analyst, Rathbones

Top qualifications: Chartered Wealth Manager, working towards CFA Level 2 exam

Key responsibilities: Member of the fixed income committee

Group AUM: £39.1 billion

When not trying to improve on his best triathlon time, Chilvers is focused on fixed income analysis, as part of a team of 26 investment professionals at Rathbones.

Although he works in fixed income, his first ever investment was actually Fundsmith Equity and he names Scottish Mortgage stalwarts Tom Slater and James Anderson as his investment heroes, saying: ‘Their relentless optimism about the future is inspiring.’

He describes himself as a long-term investor, believing ‘many people focus too heavily on the short term which can lead to long-term errors and a risk of churning’.

Besides Terry Smith’s fund, he lists the Rathbone Ethical Bond and TwentyFour Corporate Bond funds as his top picks.

The biggest challenge he is facing in his role is the ‘potential for a monetary policy mistake by a major central bank’, as they look to try and normalise interest rates after a decade of them being at record lows.

 Who would you least like to be stuck in a lift with?

‘Piers Morgan.’

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Jamie Innes

Investment analyst, Tribe Impact Capital

Top qualifications: CFA Charterholder

Key responsibilities: Member of fund selection, asset allocation and portfolio construction committees

Personal clients: 30

Innes started out in the industry on Schroders’ institutional asset management graduate trainee scheme in 2013, where he went on to become a product manager for the company’s $5 billion (£3.61 billion) Global Multi Asset Income fund.

He joined Tribe Impact Capital’s eight-strong investment team in June last year to help develop the firm’s investment proposition.

He says the biggest challenge he faces in his role is changing attitudes towards social impact investing, which is Tribe’s focus.

Looking back over his career, Innes says Polish equities have been his top investment call. His first ever investment was Magic Holdings, a Hong Kong facemask making company ‘that did pretty well’.

He cites his top three fund picks as Alquity India, Wheb Sustainability and Hermes Impact Opportunities. Outside of the office, Innes will regularly be found in the garden, as he has ‘green(ish) fingers’. The person he would least like to be trapped in a lift with is US president Donald Trump.

What was your first ever job?

‘Teaching English to Tibetan refugees.’

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Samuel Taylor

Investment manager, Smith & Williamson

Top qualifications: CFA Charterholder

Key responsibilities: Member of the fund selection, portfolio construction and AIM committees

Group AUM: £20 billion

One of four members on the Smith & Williamson AIM committee, responsible for £40 million of discretionary funds, Taylor joined the company in 2013.

He has a degree in physics but says he always had a passion for markets and investment, having had an investment portfolio throughout his teenage years.

He enjoys his focus on the technology sector and UK AIM market, stating: ‘I find this role particularly rewarding as it allows me to add real value in largely uncovered smaller companies and provides exposure to senior management teams’.

He also works as an analyst covering the UK construction, housebuilding and chemicals sectors. Taylor researches US collective funds as well, which is a considerable amount of responsibility, considering the US buy list at the company equates to around 10-15% of total group AUM.

Who is your investment hero?

‘James Anderson (co-manager of the Scottish Mortgage investment trust) - his ability to ignore short-term market noise and investor pressure, and identify long-term disruptors is second to none.’

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Theo Wyld

Research analyst, JM Finn

Top qualifications: Passed CFA Level 3 exam

Key responsibilities: Member of the asset allocation and stock selection committees

Group AUM: £9 billion

Wyld has worked at JM Finn’s London office for three years, where he is a research analyst focused on equities in what is his first ever job.

He has quickly built up his qualifications, completing the Investment Management Certificate and all three CFA exams, although he cannot claim charterholder status until he has built up four years of investment experience.

His first investment was in storage company Big Yellow Group and he says the biggest challenge he is currently facing is finding value in an expensive market.

He names Warren Buffett and Charlie Munger as investment heroes, but for a less well-known name he says: ‘I have found Joel Greenblatt’s attitude towards adjusted returns on capital extremely useful’.

His best investment decisions have generally been in owner-managed small cap names, while his worst was ‘being suckered into a UK retail value trap post-Brexit’.

Who would you least like to be stuck in a lift with?

‘A claustrophobe.’

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Jenny Renton

Investment manager, Ruffer

Top qualifications: CFA Charterholder

Key responsibilities: Member of the portfolio construction committee

Personal clients: 103, £163 million

Group AUM: £22.7 billion

Renton has been at Ruffer for four and a half years, after initially working in corporate and financial strategy for oil and gas companies.

She went on to join the fund team at Ingenious Investments, before moving to Ruffer in 2013. She started out as an investment analyst at the firm and was promoted to investment manager 18 months ago.

Renton directly supports the group’s head of charities, with the team overseeing £2.2 billion of charity assets, including the £100 million Charity Assets Trust.

She personally oversees £163 million across 103 clients and says the biggest challenge in her role is balancing administration duties and the ever-changing regulatory requirements with focusing on clients, portfolios and investment.

Her first investments were in BP and Asos shares and Renton cites the Fever-Tree IPO as one investment opportunity that got away.

Where would we find you outside of the office?

‘Skiing at every opportunity, drinking gin and eating with friends – I love finding new spots for good food.’

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Will Dickson

Head of portfolio management, P1 Investment Management

Top qualifications: Chartered Wealth Manager

Key responsibilities: Member of the fund selection, asset allocation and portfolio construction committees

Group AUM: £70 million

After completing a BSc Accounting and Finance, followed by an MSc Investment, Dickson began his career as a trainee investment manager at Brewin Dolphin’s Plymouth office.

He moved to Prydis in 2015, then over to its discretionary arm, P1 Investment Management, the following year, initially as an investment manager, before being promoted to head of wealth management in December 2016.

He oversees a team of four, running £70 million across 300 clients. Dickson says the biggest challenge he faces in his role is ‘communicating investments clearly, efficiently and in an engaging way to clients and advisers’.

His top three fund picks are Marlborough UK Micro Cap Growth, Schroder Asian Alpha Plus and City Financial Absolute Equity, while his best investment call was remaining invested in equities through the Brexit referendum. H

is first ever investment was in physical silver. A keen sailor who likes to unwind by walking his dogs, he cites Benjamin Graham as his investment hero.

 What was your first ever job? ‘Chicken farmer.’

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