Established in 1982, Whitechurch Securities is a highly regarded Wealth Management Boutique.
At Whitechurch we work closely with financial advisers to provide investment services to a broad spectrum of private clients.
Driving by our award-winning investment team, efficient and helpful administration and a team of highly experienced investment consultants. From our head office in Bristol, we place great emphasis on providing a truly personal and professional wealth management service to advisers and their clients across the UK and abroad.
The EU Brexit debate continues... but what would be the impact on markets and investors?
Internationally renowned consultant, presents on the potential impacts of a Brexit
BREXIT - Tailoring a Portfolio Ahead of the Referendum
Our monthly views on and approach to global stockmarkets and asset classes
Amanda Tovey, head of direct equities... "‘An investment trust that has caught my attention recently is Impax Environmental Markets. This trust is operating in an interesting area, focusing on companies that provide products or services in environmental markets, in particular looking at areas such as alternative energy, water treatment, energy efficiency, pollution control, and waste and resource management."
Judge Gavin Haynes, managing director at Whitechurch Securities, says: “Performance in 2015 was exceptional, with manager Neil Hermon’s preference for medium-sized companies proving beneficial.
The EU referendum on June 23 is also likely to create market uncertainty. But Gavin Haynes, managing director at wealth manager Whitechurch Securities, pointed out that consumer-focused areas of the economy are on a relatively firm footing.
Gavin Haynes, managing director at Whitechurch Securities, agrees that QE will boost European equities, but is uncertain whether it will spark an economic recovery on the continent.
Gavin Haynes, managing director at wealth manager Whitechurch Securities, is also optimistic about the long term. “Given there is a healthy amount of pessimism now priced into emerging markets, it could prove to be a good recovery opportunity for long-term investors,” he added.
Interest in ethical investments started in the institutional space via pension funds and money managed by charities, and greater attention is now being paid by retail clients, according to Gavin Haynes, managing director at Whitechurch.
Whitechurch, led by managing director Gavin Haynes (pictured), has partnered with Ethical Screening, which will carry out equity screening for the service.
But Gavin Haynes, managing director of Bristol-based adviser Whitechurch Securities, describes Troy Income & Growth as an ‘excellent core holding’ and ‘ideal for pension investors’.
Regular savings is a means to manage this volatility. Gavin Haynes, investment director at Whitechurch Securities, says: 'The key is "pound-cost averaging".
"It's obviously a concern that Aberdeen is going to lose some of the quality people that they have there," said Gavin Haynes, managing director at discretionary manager Whitechapel Securities
Whitechurch Securities Ltd was declared the winner of the PAM Awards Defensive Portfolio Investment Performance category, 2016.
Whilst the concept of ethical investing has been around for many years, we have recently begun to see a notable increase in interest from clients.
In response to this increase in demand Whitechurch is pleased to announce the launch on 1st March 2016 of Whitechurch Ethical – our offering of ethical investment portfolios.
2016 Portfolio Adviser Wealth Manager Awards
Ben Willis, head of research at Whitechurch Securities agrees. However, he adds that while the market may look attractive from a valuation perspective, there is little clarity of whether this is the start of more falls.
Ben Willis, head of research at Whitechurch Securities, has just started buying the £495m fund for the firm’s lower risk, income focused portfolios.
Ben Willis, head of research at Whitechurch Securities, admits that James Hanbury and Jamie Grimston’s Odey Absolute Return fund has had its critics in the past because, despite its name, it has been highly volatile.
Whitechurch Securities’ Ben Willis, though, warns that investors should be cautious on emerging markets in general, despite the fact they are trading on cheap valuations.
Ben Willis of Whitechurch Securities, the wealth manager, tipped JOHCM UK Dynamic, but noted that it was a riskier option.
Ben Willis, head of research and investment manager, Whitechurch Securities. This is a fledgling fund, just £30m in size and managed by a young manager who took over 18 months ago. James Hackman has got off to a good start against a mixed backdrop for US markets
Ben Willis, head of research and investment manager, Whitechurch Securities. Diane Sobin heads up Columbia Threadneedle’s US equities desk, taking over several mandates when the previous established team upped sticks and joined Artemis.
Ben Willis, head of research at Whitechurch, was the most bullish on Europe out of the market commentators we spoke to and his preferred choice – from a growth perspective – is FE Alpha Manager Richard Pease’s £1.1bn FP Crux European Special Situations fund.
Ben Willis, head of research at Whitechurch Securities, says he thinks the manager is a ‘safe pair of hands’.
Gavin Haynes, investment director at wealth management group Whitechurch Securities, says investors need to consider three things: the objectives for the money, the risk they are prepared to take and the amount of time over which the money is to be invested.
With interest rates remaining low, Gavin Haynes, managing director of Whitechurch Securities, says investing in dividend-producing European equities will continue to be a good strategy.
What Gavin Haynes, managing director at Whitechurch Securities, likes about Artemis Global Income is that its manager Jacob de Tusch-Lec has complete investment freedom.
Gavin Haynes, managing director of Whitechurch Securities, says: 'Although we are convinced that the US economy will remain at the forefront of economic growth we see limited appeal in US shares
Gavin Haynes, managing director of Bristol-based Whitechurch Securities, said: “Woodford Equity Fund has been a core holding across our portfolios since its 2014 launch, and it is unsurprising to witness the continued success of the fund given Neil’s impressive long-term record.
The rapid move to a premium of Woodford Patient Capital was enough to warrant selling the highly popular investment trust, according to Gavin Haynes, managing director of Whitechurch Securities, who thinks it’s more recent falls will open-up a buying opportunity.
Whitechurch Securities managing director Gavin Haynes says his firm has not been backing any of the recent “plain vanilla” launches.
Gavin Haynes, managing director of Whitechurch Securities, says: “This fund has produced excellent returns for investors through investing in dividend- producing small UK companies.
Gavin Haynes of Whitechurch Securities, the wealth manager, described the fund as a “good choice” for investors.
Gavin Haynes, managing director of Bristol-based Whitechurch Securities, considers both active and passive solutions when selecting funds, and said he looked for ‘best in breed’ in both. However, he believes if active is used, the fund must justify the higher charges.
Gavin Haynes, managing director at the firm, said: "We have held the fund since launch and it was not too unexpected that he would take a step back.
Manager changes should always prompt investors to reflect on whether they need to revaluate the case for holding a fund, but there really is no need for a knee-jerk reaction”
Gavin Haynes, managing director at Whitechurch Securities, said he had been “quite surprised” by Jonathan Asante stepping back from his flagship fund to instead concentrate on his smaller global equity funds.
According to Gavin Haynes, managing director of Whitechurch Securities, there is a significant disparity in the risk profiles, fund structures and investment aims of funds.
Ben Willis, investment manager at Whitechurch Securities, isn’t overly surprised by the results either and says that the volatility seen in markets over the last decade has benefitted funds with higher downside risk, as they tend to be able to generate additional alpha on the upside.
Ben Willis, head of research at Whitechurch Securities, said the increasingly strict contracts have been driven by the growing importance of platforms and wealth manager buylists.
Emerging markets are trading on attractive valuations relative to other equity markets and historically,” said Ben Willis, head of research at Whitechurch Securities.
Ben Willis, investment manager at Whitechurch Securities, says that gold is potentially a great diversifier, he remains wary on gold mining equities.
Recognise boutiques and passive investing
Ben Willis, head of research for Bristol-based Whitechurch Securities, said: “Mr Wright is a good manager, and has done a good job with these funds.
Ben Willis of Whitechurch Securities, the wealth manager, said the Axa fund was one he was taking a closer look at.
Ben Willis, head of research at Whitechurch Securities, is currently invested in the £1.3bn fund alongside Jupiter Strategic Bond.
Ben Willis, head of research at Whitechurch Securities, says that his chosen tactic is to remain with tried and trusted bond managers that he has been investing in for several years through different market conditions.
Specialist Investment Awards 2015 - Active Categories Finalists
Ben Willis, head of research at Whitechurch, thinks the concern around mining stocks is warranted but that there no reason to expect it to be certainty.
Ben Willis, of Whitechurch Securities, a wealth manager, has been taking money off the table. “Valuations look stretched in many areas and I fear earnings growth could disappoint...
Ben Willis, head of research and investment manager... Neptune has spent time reducing its fund range and you have to fear for this portfolio if it continues with this programme.
Ben Willis, head of research and investment manager... It has been a baptism of fire for manager Angel Ortiz, as well as being a torrid time for Latin American funds in general
Whitechurch Securities awarded Best Overall Small Firm
Gavin Haynes, managing director... The £481m Ecofin Water & Power Opportunities trust is a good recovery opportunity
Gavin Haynes, managing director... Whitechurch Securities believes Chinese equities merit inclusion in investors’ portfolios – provided they take a long-term view and accept the roller-coaster nature of the Chinese stock market.
[Gavin] Haynes believes it is a stockpickers’ market, favouring managers such as Richard Pease at Crux, who looks at individual companies rather than countries. He adds: “Pease is not obsessed with the economy, or QE or interest rates, but is looking for good quality businesses.”
Gavin Haynes, managing director at Whitechurch Securities, says:
You have built up a large portfolio over time including many good quality names in the investment trust world and a spread of investments that is diversified across global stock markets.
Gavin Haynes, managing director... We have no prejudice between open- and closed-ended funds and look for best of breed across both areas when selecting asset classes and individual markets.
Gavin Haynes, managing director at Whitechurch Securities, matches up two medical heavyweights – Axa Framlington Biotech and Polar Capital Healthcare Opportunities.
Gavin Haynes, managing director of Whitechurch Securities, says he believes in the investing adage 'time over timing'.
The importance of a long-term approach to investing is hard to overstate. 'Market fluctuations are a feature of investing,' says Gavin Haynes, managing director at wealth manager Whitechurch Securities.
Gavin Haynes, managing director at Whitechurch Securities, said: "Investors would perhaps like to see something a bit more explicit about how the discount will be managed."
Gavin Haynes, managing director at Whitechurch Securities, said he thought UK regulators should consider taking similar action.
I have found Whitechurch very popular with my clients and very easy to use, with excellent sales and back office support. Everyone at Whitechurch I have had contact with is not only professional and 'gets on with the job', but cheerful. It is obviously a happy office, staffed with people who not only know what they're doing, but happy to be doing it. What a refreshing change.