Veritas’ Private Client Business has repeated last year’s success at the FT / Investors Chronicle Wealth Management awards in London which took place on the 29th April.
For the second year running, the firm’s Private Client Business was awarded Winner Best Balanced Wealth Manager.
This award is for the wealth manager that has delivered outstanding returns to clients in its balanced managed funds and has a clear and convincing strategy for delivering solid gains in the future.
Stewart Newton, Chairman and Founder Partner of the Real Return Group Limited, commented:
"We are honoured to have won this prestigious award for 'Best Balanced Investment Performance’ from Investors Chronicle. These awards are sought after by all those who work in the industry and we are delighted to have received this recognition."
"Our investment philosophy has not changed since Veritas’ doors opened to private clients in 1993. Thematic-led, simple and transparent, we invest in the equity of businesses we know and understand, which are financially strong, with a competitive edge and attractively valued for long-term returns. Our focus on fundamentals and our long term perspective has enabled us to preserve our clients’ capital in real terms and produce resilient performance in the face of volatile markets. It is extremely rewarding to have this recognised by Investors Chronicle."
The Veritas Private Client Business, which currently manages £620million, offers four strategies – high equity, growth, balanced and income – with asset allocation dependent on investment objectives and risk tolerance. All four strategies have beaten relevant yardsticks over multiple time periods.
May 2010