Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Office Spotlight: Investec Wealth & Investment, Bournemouth

Office Spotlight: Investec Wealth & Investment, Bournemouth

Date office opened: 1992

We have traded as Investec Wealth and Investment since 2012, following the merger of the Williams de Broë business.

Number in team: 37

Top three fund picks:

Baillie Gifford Japan Trust  

Fidelity Special Values Investment Trust

Prusik Asia

Q&A with Scott Jones, divisional director, Investec Wealth & Investment, Bournemouth (pictured below):

What is your typical client demographic?

We have a whole range of clients, but for the last 20 years the Bournemouth office has worked very closely with local independent financial advisers, offering discretionary investment management to their clients.

What differentiates your region?

Bournemouth and the south coast has always had a good share of quality, family run businesses, in a variety of sectors and industries. Over the past decade, in part through the expansion and development of the university, it is also rapidly developing into a centre for technology and media companies, and has a growing and vibrant, film production sector. 

What challenges does your area face?

Office space at times can be an issue, as unlike a city, we do not
have a large business district. Also, we have to work hard to ensure that we retain talent. The lure of London can be an issue, although likewise, we see a number of people in their 30s and 40s coming back to settle here.

What’s the best thing about living in your area?

Bournemouth is by the sea and is warmer than the rest of the UK (sometimes)! The coastline here is stunning and as an added bonus, behind Bournemouth lies the New Forest. What more could you ask for? It also has good access into London via rail.  

What is a typical saying in your region?

As Bournemouth is a relatively new town, established in the Victorian era as a holiday resort, it is a wonderful melting pot of cultures. Dorset though is traditional farming county and has some great expressions – researching this question I loved reading that ‘God almighty’s cow’, is in fact, the humble (but beautiful) ladybird.

What is your office motto?

‘Look after your clients, as you would want your own family to be looked after.’ If you set out to do this with every client, you should not go too far wrong.

Are you bullish or bearish?

Neither. We remain cautiously optimistic on the outlook for global growth, however very mindful to the negative effects a trade war between China and the US may have on global stock markets. We are watching markets closely but have not moved portfolios to a more bearish position. With any stock market weakness, we are looking to deploy free cash.

Asset allocation of a typical balanced portfolio:

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
1 Comment Play Liam Halligan: the eurozone is about to implode

Liam Halligan: the eurozone is about to implode

The economist and broadcaster told the Citywire Private Office Retreat he believes a potential implosion of the eurozone is the biggest threat markets face today.

2 Comments Play James Anderson: my great fear and hope for the next 10 years

James Anderson: my great fear and hope for the next 10 years

Co-manager of Scottish Mortgage Trust says the financial world has not changed since the banking crisis but predicts the next decade will bring unprecedented upheaval in all areas of the market.

1 Comment Play What wealth managers told clients the day Lehmans went bust

What wealth managers told clients the day Lehmans went bust

We asked wealth managers to go back in time at Citywire North as the 10-year anniversary of the Lehmans collapse approached.

Read More
Your Business: Cover Star Club

Profile: UBS' new UK boss on her plans to win wealth

Profile: UBS' new UK boss on her plans to win wealth

UBS’s wealth arm might be the fourth biggest in the UK, but it still has only 4% of the market share, says incoming boss Eva Lindholm

Wealth Manager on Twitter