Agility + Acumen
We’re independent. We’re not owned by a bank. We’re not owned by an
insurance company. We’ve deliberately designed a nimble company to bring
to advisers and investors a straightforward series of funds managed by
individuals who we believe are masters of their craft.
A good fund manager, like any good craftsman is hard to find. Once found, City
Financial harnesses the proven skills of these individuals. Without legacy or
conflict of interests and without the distractions that a big company brings, the
managers are empowered to focus on creating something remarkable for our
investors and their advisers.
Update – Management responsibilities of the City Financial Defensive Global Bond Fund taken over by Phil Lee, following Graham Glass’ departure from industry.
The lead Fund Manager on the Defensive Global Bond Fund, Graham Glass, has left City Financial in order to pursue other opportunities outside of the fund management industry.
Following Graham’s departure, City Financial has now begun reviewing the future viability of the Defensive Global Bond Fund. Phil Lee, who has supported Graham in the management of the Fund since November 2013, has taken over the fund management responsibilities while City Financial carries out this review.
Update – City Financial acquires Assetmaster fund range from Investec Wealth & Investment
On 23 June 2015, City Financial acquired the IWI Fund Management Ltd. fund range from Investec Wealth & Investment, comprising £204 million in assets.
City Financial will, subject to regulatory approval, take on the full responsibilities of the Authorised Corporate Director at a later date. In the interim, City Financial has taken over investment management responsibility for the following Funds:
IWI Cautious Portfolio Fund
IWI Balanced Portfolio Fund
IWI Growth Portfolio Fund
IWI Global Thematic Portfolio Fund
IWI Multi Strategy Fund
The investment management responsibility for the IWI Fixed Income Fund will be transferred to City Financial in the near future.
Update – Small change to the City Financial Absolute Equity Fund investment objective
The investment objective of the Absolute Equity Fund, found in the Prospectus, KIID and factsheet has changed. This was done in an effort to be clearer regarding the risk/return outcome of the Fund and better manage investors’ expectations. We have amended the period during which the Fund aims to achieve a positive absolute return.
As per the literature, the objective of the Fund previously stated: “The Absolute Equity Fund is a fundamental equity long/short strategy which aims to achieve a positive absolute return for investors over rolling twelve month periods, primarily through investment in UK and global equities.” The objective now states: “The Absolute Equity Fund is a fundamental equity long/short strategy which aims to achieve a positive absolute return for investors over rolling 36 month periods, primarily through investment in UK and global equities.”
If you have any administrative enquiries, please contact us by telephoning 0845 300 2107 or emailing email@example.com. For all other queries, please email firstname.lastname@example.org.
Update – City Financial Global Strategies Irish UCITs Range: Rationalisation complete
Following the completion of the rationalisation on 23 May 2015, the Growth Portfolio merged into the Adventurous Portfolio and the Balanced, Cautious, Income and Moderate Portfolios merged into the Wealth Fund. Mark Harris continues to manage the two remaining funds in City Financial’s Irish UCITs Range.
- The Adventurous Portfolio and the Wealth Fund’s literature is available here
Update – City Financial Multi Asset Funds: Market update and fund positioning
Mark Harris, head of Multi Asset at City Financial, provides an update on multi asset funds in light of equity market weakness.
- Read the article here
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