Seneca IM see YTD net inflows of £100M +
• 2019 Inflows for Seneca surpass £100 million at end of Q3 2019
• More than doubling inflows for the same period in 2018
• Last year their assets under management increased by 70%
Seneca Investment Managers (Seneca IM), the Multi-Asset Value boutique announces that net flows into its multi-asset value strategies has exceeded £100M at end of the third quarter 2019.
This follows the firm’s strong growth in 2018. Momentum has continued into 2019, with inflows more than doubling by the third quarter, on a like-for-like basis compared with the same period in 2018.
Seneca IM’s inflows have been driven by a combination of investment from existing and new investors predominately through financial advisers from across the UK.
The flows are testament to increasing recognition of Seneca IM by advisers and the company’s ambition to expand its business and presence.
David Thomas, Chief Executive of Seneca Investment Managers, said: “The transformational period the firm entered last year has continued, and it’s encouraging to see direct investors and intermediaries recognising our different approach and consistent returns. We are still seeing strong in flows and long may this trend continue.
Our success comes at a time when many in the fund sector are struggling with the increased uncertainty in markets and is supported by our strong investment process focussed on delivering for investors over the long term.”
Past performance should not be seen as an indication of future performance. The value of investments and any income may fluctuate, and investors may not get back the full amount invested.
Seneca Investment Managers Limited (0151 906 2450) is authorised and regulated by the Financial Conduct Authority and is registered in England No. 4325961 with its registered office at 10th Floor, Horton House, Exchange Flags, Liverpool, L2 3YL. FP19 332.