- Assets under management grow by 70% to significantly in excess of £0.5 billion
Seneca Investment Managers (Seneca IM), the North West based boutique, Multi-Asset Value Investment specialist experienced strong growth in 2018, with assets under management increasing by 70% to significantly in excess of £0.5 billion (half of one billion pounds).
Seneca IM’s growth has been driven by a combination of new monies from existing and additional investors.
Seneca’s investors include financial advisers, discretionary fund managers, private investors and institutional investors, drawn from across the UK.
The asset growth is emblematic of Seneca IM’s ambition to expand its business and presence in the North of England and nationwide.
David Thomas, Chief Executive of Seneca Investment Managers, said: “Evidently the company is in a transformational period, and it’s encouraging to see consumers and intermediaries alike are drawn to Seneca IM’s multi-asset offering as a part of their portfolios.
It is all the more pleasing that this growth has been achieved against a background of the increased uncertainty in markets which characterised much of 2018, and this is testament both to the quality of our multi-asset, value investment proposition and of our growing profile in the fund management industry.”
Media enquiries to:
Shelly Durrant / Henry Adefope / Alasdair Coleman
+44 (0) 20 3757 6865
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 019.