It was the winter of 1928 when JFK’s father, Joe Kennedy, was said to have received a stock tip from a shoeshine boy – “Buy Hindenburg”. The story goes that Joe went straight to his office and sold everything, reasoning that it must be time to sell when the shoeshine boy gives you stock tips. Markets are often characterised as being driven by … Read more ► about Where can I find a shoeshine boy?
What we do
Havelock London was founded in September 2017 in the belief that decisions based on data can support the long-term, disciplined approach required for successful investing.
The world is experiencing a revolution in the availability of data and the technology to analyse it. We believe this presents investors with an unprecedented opportunity to make better decisions by being more objective about the long-term value of the assets they own. In a world drowning in information, these decisions can only be made by knowing how to filter the data, understand it, and recognise what really matters.
Our philosophy is to focus on a small number of well-understood investments, whose value comes from economic activity in the real world. We believe we can quantify this value through analysis of data, and remain rational when prices move away from economic reality.
As with many areas of life, there is little we can know for sure. We use statistics to understand the uncertainty in our views and the risks that we face. This prevents us from becoming over-confident and allows us to make disciplined investment decisions.
Technology lies behind this process, allowing us to be diligent, focused and lean. By identifying and monitoring key data, we keep watch over our investments, test our assumptions, and avoid being drawn into short-term thinking.
LF Havelock Global Select
LF Havelock Global Select launched on 21st August 2018, investing on a global basis in company shares and fixed income without using leverage or shorting.More information
Matthew Beddall | Chief Executive Officer
Matthew worked at Winton 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. He combines a long-standing personal interest in value investing with extensive professional experience in systematic funds, leaving him with a firm set of views as to how best to manage savings and investments – all of which he has applied to his own money.
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 recently completed his Executive MBA at Henley Business School, where he developed a passion for understanding how to build customer trust in financial services – a passion he shares with the other Havelock London co-founders, and which is central to the company’s mission.
Much ink has been spilled on the relative merits of “growth” verses “value” stocks. As there are around 90,000 public companies classifying them into one of two groups is, by necessity, always going to be a little vague! So much so, that I wonder if these labels convey as much meaning as many assume? Our ideal investment would represent both good … Read more ► about Growth Windows or Value Ploughs?
The economic shutdown that we are living through is without precedent in modern history. The US unemployment rate has moved in a matter of weeks to 15.7%, the highest it has been since 1940. In the UK 27% of the nation’s workforce have been furloughed. Once the full impact of the shutdown is reflected GDP falls are expected to exceed anything that … Read more ► about ROOT FIRES