Collins Stewart plc, the independent financial services group listed on the London Stock Exchange, has launched a stand-alone fund management business, Collins Stewart Fund Management.
At the same time it is re-branding its wealth management business, Collins Stewart Wealth Management.
Head of Collins Stewart Wealth Management and Collins Stewart Fund Management Neil Darke says the creation of a separate identity for Collins Stewart Fund Management is a significant step: 'For too long, we have hidden some excellent funds stories. We believe now it is time we invested in this business.'
He continues: 'We have one of the United Kingdom's largest and most experienced multi-manager teams, with a long and successful track record of delivering returns in different market conditions, courtesy of our bias towards absolute total return. We are confident we can compete successfully in the currently popular multi-manager arena.
The investment in the re-branding of Collins Stewart Wealth Management illustrates our commitment to growing our wealth management business.'
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