Signia Wealth has reached a major growth milestone, with its hedge fund proposition now passing GBP500 million in Assets under Management (AUM).
The entrepreneurially led boutique wealth manager has been increasing hedge fund expertise, most notably with the appointment of Michael Rosenthal in March 2014, to offer clients an alternative to the diminishing returns of fixed income. This GBP500 million milestone illustrates the firm’s dedication to continually refine its investment strategy to meet client demand.
Since Mr Rosenthal’s appointment, the majority of clients at Signia Wealth have increased their exposure to hedge funds by around 10%, with the focus being largely non-directional, using specialist strategies such as merger arbitrage and equity long short.
Chris Godding, Chief Investment Officer at Signia Wealth, says: “We’re entering a world where bonds are offering limited return potential, and many of our clients are eager to find an asset with low volatility and good returns. Select hedge funds can meet these criteria and are becoming a more significant part of our strategic focus at Signia Wealth. The appointment of Michael to spearhead this front has proven to be a resounding success. Our sophisticated client base is showing unanimous support for his expertise and this GBP500 million landmark precedes a substantially larger pipeline.”
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