An exciting time awaits for Saracen clients and staff

It has become increasingly difficult for smaller boutiques to gain traction with larger managers. With the backing of AssetCo, Saracen will be able to increase research capacity, distribution capabilities and fund offerings. This deal promotes continuity of all staff and no change to our philosophy and process for our funds.

This is a fantastic opportunity and we look forward to working with Asset Co in the years ahead.

What does this mean for clients?

Saracen will continue to operate under the Saracen brand with the same team in place. We are proud of our unique investment process and there will be no change in how we run our funds. With additional hires both on the research and distribution side we look forward to servicing our clients in a more tailored way. Over time clients can look forward to an enhanced offering as we look to grow the business with an experienced and resourceful parent company.

 

The AssetCo RNS can be found here.

 

Please contact Graham Campbell, CEO, on 07540192989 or graham@saracenfundmanagers.com or David Taylor, Business Intelligence Manager at dtaylor@saracenfundmanagers.com for further details.

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Saracen Fund Managers boosts UK equity team with the appointment of David Clark…

Saracen Fund Managers Strengthens UK Equity Team

Saracen Fund Managers has strengthened its UK equity team with the appointment of David Clark. He will be working closely with Scott McKenzie, current fund manager of both of Saracen’s UK funds, the TB Saracen UK Alpha and TB Saracen UK Income funds.

Saracen’s UK funds have a high active share and prioritise investment in small and mid-cap companies. The TB Saracen UK Alpha Fund focuses on long-term capital growth while the TB Saracen UK Income Fund aims to provide income exceeding 110% of the dividend income of the MSCI UK AllCap index.

David Clark has particular expertise in small and midcap investment, acquired throughout a long and successful career managing UK equity portfolios. David was formerly a fund manager at Ignis where he managed the Ignis UK Smaller Companies unit trust, among other funds, and achieved a Citywire ‘AAA’ rating for his investment performance. Following the takeover of Ignis by Standard Life in 2014, David served as a non-executive director of several listed companies. He has now returned to fund management with Saracen.

Graham Campbell, Chief Executive of Saracen Fund Managers, comments:

“David Clark’s experience will strengthen our fund management team as Saracen seeks to take advantage of attractive UK equity opportunities and maintain and build upon the strong performance records of its two UK equity funds.”

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Since launch the fund is ranked 1st quartile. The fund has doubled in size since August 2016*

Graham Campbell, CEO and joint manager of TB Saracen Global Income & Growth Fund, said; “We thank investors for their support over the last 6 years and believe that our current portfolio of attractively valued shares will continue to deliver outperformance. We are aligned with our investors and look forward to sharing in your success in the coming years.”

Graham Campbell
graham@saracenfundmanagers.com

David Keir
david@saracenfundmanagers.com

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