29th March 2006
Brewin Dolphin, the UK 's largest independent portfolio manager,
has formed a specialist team qualified to analyse hedge funds. The
new team has been built in expectation that the FSA will widen the
range of funds that can be marketed to retail investors and include
authorised “funds of hedge funds”.
Brewin Dolphin reports a growing demand from its clients to
access more sophisticated alternative investment opportunities. The
newly formed team will recommend funds to clients for whom this
type of investment would be appropriate.
Harry Burnham , Group Funds Director, said,
“We believe hedge funds will have enormous potential for
private investors as they move closer towards being a mainstream
investment option. However, it's vital for clients to understand
that hedge funds have complicated structures as well as vastly
different risk profiles and strategies. By taking a cautious
approach, we aim to give private clients exposure to areas of
investment from which they have historically been
excluded.”
The 5 strong team of fund analysts will report to Harry Burnham
, Group Fund Director and will be based in London . The team is led
by Matthew Butcher CAIA, Director Research Division, who is heading
up the research capability.
Brewin Dolphin manages £17 billion with over £2
billion in funds. Through its independent status it offers its
clients a wide selection of ‘best of breed' funds.