Wilmslow wealth managers targets new market with global equity fund

Wilmslow based wealth managers, Equilibrium Financial Planning, have announced the launch of a £20 million global equity fund.

The new product aims to appeal to a younger client base looking for higher-levels of long-term investment compared to existing portfolios.

Mike Deverell, partner and investment manager at Equilibrium, said:

We now have a number of clients who have requirements for some extra growth – they’re slightly younger than our typical client, perhaps in their 40s or 50s, and are focused on longer-term growth rather than keeping risk down and getting solid returns.

“We wanted a better solution for these clients and our clients with a higher risk tolerance, and so we’re launching the global equity fund with £20m to start in order to meet their needs.

“We’ll be aiming for returns similar to the equity market, but with slightly less risk through more diversification – the intention is to have defined returns and a mixture of assets over the long term, utilising products in our other portfolios.”

The wealth managers reached a milestone of over £1 billion in assets under its management in 2020, and so far the Wilmslow firm has remained in a strong position despite the impact of the coronavirus pandemic on markets. The new fund launched on June 15th, and will be managed by Equilibrium’s investment team. Mike Deverell added:

Launching this fund is another exciting step forward for Equilibrium, and we’re very much looking forward to it.”

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