Read Havelock London CEO Matthew Beddall’s thoughts about the rise of data science and its increasing use in investment management as part of an article in Portfolio Adviser. Matthew also talks about how at Havelock London the aim is to use machines to leverage human capability, not replace it.
News
Havelock London first through the FCA authorisation hub
Havelock London, the new data-driven investment management company, announced today that it is now authorised and regulated by the Financial Conduct Authority (FCA). The company is the first to have successfully passed through the FCA’s new Asset Management Authorisation Hub, which was launched at the end of 2017.
Havelock London plans to manage a UK-domiciled, global UCITS fund launching later this year, with the aim of combining traditional investment management with modern data science and technology.
Matthew Beddall, Havelock London’s CEO, said:
This is a significant milestone in the development of Havelock London and moves us closer towards realising our ambition of building a modern investment management business. We had a very positive experience of the new FCA authorisation hub and are delighted to be the first company to complete the application process through this initiative. We are looking forward to managing a new product which reflects our long-held belief in value investing and our experience in using data, statistics and technology to make investment decisions. We think the exponential growth in data that the world is experiencing is something that can be harnessed to help us better understand the companies that we invest in.
Podcast: Lipper Alpha Insight
It was great to chat with Jake Moeller about the philosophy behind Havelock London. Please catch the podcast
here.
— Matthew
Press release: Havelock London appoints Link Asset Services
We are delighted to announce that we have chosen to work with Link Asset Services as our Authorised Fund Manager, see press release below for more details.
Havelock London selects Link Asset Services as its Authorised Fund Manager
New UK market entrant Havelock London has appointed Link Asset Services as the Authorised Fund Manager (AFM) for the launch of its inaugural fund later this year.
Havelock London intends to combine traditional investment management with modern data science and technology. It will focus on a small number of well-understood investments, and identify long-term value opportunities as a result of extensive data analysis and a disciplined investment selection process.
Link’s appointment as AFM to Havelock London follows a series of new wins for Link’s fund solutions team following its sale to Australia’s Link Group in November 2017 and cements its position as the UK’s leading independent Authorised Fund Manager and European fund Management Company.
Peter Hugh-Smith, Managing Director, fund solutions at Link Asset Services, said: “We are delighted to be appointed as AFM to Havelock London — an appointment that recognises our market leading expertise in supporting innovative market entrants. Havelock London brings an exciting investment approach to the market and we look forward to supporting, and assisting Havelock London in achieving their goals.”
Matthew Beddall, CEO and founder of Havelock London added:
“The explosion in the amount of data available to investment managers has the potential, when used properly, to revolutionise the way we analyse companies, invest money and report to customers. We are excited to be working with Link Asset Services as a key partner in our efforts to achieve this.”
Press release: Winton Group invests in Havelock London
We are delighted to announce that we have secured equity investment from Winton Group. It means a lot to us to have this backing and provides wind in our sails as we continue to forge ahead with Havelock London.
Press release
Havelock London (Havelock), a new entrant to the British investment management industry, announced today that it has secured an equity investment from Winton Group, the global investment management and data science company.
Subject to regulatory approval, Havelock plan to launch a UK domiciled, global long only fund in 2018, which will be run according to value investing principles and will make use of Havelock’s proprietary investment analysis platform. This fund will act as a show case for the broader investment capabilities of Havelock, which it plans to offer by way of bespoke consultancy and future products.
Matthew Beddall, Havelock London’s founder and CEO, said, “We are delighted to receive the investment from Winton. In the coming months we will be working hard to receive regulatory approval, and this funding provides a strong foundation on which to build the company. We are committed to show how technology and data analytics, combined with traditional investment management, can help investors achieve better outcomes. Central to our investment philosophy is a desire to promote a form of responsible capitalism that recognises the need for capital markets to work in the interests of both investors and broader society.”