Modern Investment Management
Havelock London is a boutique investment management company founded in 2017.
We take the responsibility of managing our customers' money seriously. We are long-term investors in a small number of well understood companies. We look beyond short-term price movements. Our interests are aligned, as our money is invested in the fund alongside our customers.
Our approach is to estimate what we think a company is worth, by using data about its underlying business. We want to understand how it generates its profits and then form a view about what the future might reasonably hold. We consider a range of possible outcomes and our statistical mindset helps us quantify the likelihood of each. We do this using a range of proprietary software.
We invest according to a “quality value” philosophy that looks for businesses with a track record of strong operating performance, financial discipline and a purchase price that does not require undue optimism about the future. As long-term investors, company valuations matter to us, as a great business will only make for a great investment at the “right” price.
We have a structured investment process that ensures consistency and guards against our decisions being clouded by emotion. Our core objective is to make sure that our portfolio is robust in a range of future scenarios. By managing the risk of financial loss in this way, we believe we can increase our chances of delivering superior long-term compound returns.
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Matthew Beddall | Chief Executive Officer
Matthew worked at the Winton Group for 17 years, eight of which he served as Chief Investment Officer. As CIO, he had responsibility for overseeing the firm's investment activities, including the flagship Winton Futures Fund. During his tenure, Winton grew to have $32 billion in assets making it one of the largest hedge funds in Europe. He also sat on the Board as a Director, and on the Executive Committee.
Matthew previously graduated with a degree in Mathematics and Computer Science, and went on to earn a Master’s degree in Applied Statistics. His extensive professional experience has given him a strong set of investment beliefs, all of which he applies to his own money within the LF Havelock Global Select Fund.
Neil Carter | Chief Commercial Officer
Neil worked at Jupiter Asset Management for over 13 years, where he held a number of roles including Head of Strategy for Global Financial Institutions. He was responsible for distributing Jupiter’s products both in the UK and internationally, during which time he developed an in-depth understanding of the global investment management market.
Before Jupiter, Neil worked at Fidelity for four years, after graduating from his degree in Physics. He completed his Executive MBA at Henley Business School, where his dissertation focused on the importance of re-building customer trust in financial services. This focus on putting customers first has been embedded in the company’s culture from day one.