GUERNSEY/UK- Stamford Asset Management is opening up its Guernsey-based collective investment scheme, the multi-manager investment programme (MMIP), to the UK institutional market.
MMIP is an open ended multi manager umbrella fund that uses Stamford Associates’ manager research, selection and monitoring. Its sub funds cover UK, European, US, Japan and far east equities as well as fixed income and absolute return strategies.
It is to offer perspective clients access to Stamford’s UK equity manager selection approach and hopes to increase assets under management from £700 to £1.5bn.
Stamford applies a heavy qualitative bias to its manager research and it has a reputation for overlooking household names and opting for smaller, less well known managers.
Stamford AM, which is ultimately responsible for overseeing the fund, has recently taken on three new investment managers which has more than doubled capacity.
Says Nathan Gelber, CIO at Stamford Associates, says their methodology “identifies exceptionally talented investors within their field who may remain “undiscovered” and who have the potential to outperform their benchmark significantly.”
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