Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a722617

The secret Alt Ucits weapons driving this sector leading AA-rated duo

by David Campbell on Dec 09, 2013 at 14:10

The secret Alt Ucits weapons driving this sector leading AA-rated duo

Mark Lynam is probably not a name familiar to many retail fund buyers, but he has been managing money in various forms for almost 30 years, including periods at Schroders, Gartmore and Dresdner.

After being headhunted to run wealth manager SandAire in 1999, Lynam has spent most of the intervening years working behind the scenes with family offices and other private clients.

The years of experience rapidly become evident in conversation with him; that is if they weren’t already obvious from the lead he has built up in Citywire’s Alternative Ucits league tables.

Over the past three years his VT ICF Absolute Return fund has returned 12.6%, almost three times the Alternative Ucits fund of funds sector average of 4.9%. Out of the sector’s 16 managers he is rated sixth for drawdown and has the third-highest Sharpe ratio.

Rated AA by Citywire earlier this month alongside co-manager Jeremy Suffield as he became eligible for the award for the first time, what is also evident is how much his time running private money has informed his thinking about how a Ucits fund can be managed.

‘Working in family offices, it was something we described as “Arlo” – being in finance we feel the need to create acronyms – it stands for absolute return long-only; if you think of someone like Ruffer or Sebastian Lyon, protecting assets while finding opportunity. 

‘A key investment tenet for a family office is that no single asset manager has a monopoly on being the best in all investment strategies at all times. Therefore, the multi-manager approach is a required common-sense approach to portfolio management.

‘Non-traditional strategies and managers are included alongside more traditional investments as a matter of course. It’s most suitable for IFAs and wealth managers. We conceived of it as one of their building blocks and as a one-stop shop for absolute returns.’

The portfolio is a highly focused blend of 14 to 16 mandates, so every selection has to fight hard to earn its place and then stay there.

AA-rated Lynam’s three top fund picks

Sign in / register to view full article on one page

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Long time coming: is the recovery here to stay?


Ian McVeigh and Steve Davies, managers of Jupiter's UK Growth fund, talk about their predictions for the UK equity space. Click here to watch a series of sponsored interviews with Jupiter's fund managers on the UK equity market.

Today's top headlines

The Citywire guide to investment trusts

Investment trusts have proved to be a highly effective way to invest in the market. Citywire has interviewed the experts to find out more.

More about this:

Look up the funds

  • VT icf Absolute Return F Acc
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Polar Capital Global Insurance E GBP Inc
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Kennox Strategic Value Professional
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • CF Odey Absolute Return RET GBP
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them

Look up the investment trusts

  • Ruffer Investment Company (Ordinary Share)
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them

Look up the fund managers

  • Mark Lynam
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Jeremy Suffield
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Sebastian Lyon
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Alec Foster
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • James Hanbury
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them

Archive

On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet