Enhance Investment has established a base in Jersey to provide a specialist investment consultancy a...
Enhance Investment has established a base in Jersey to provide a specialist investment consultancy and outsourcing services to trust companies, lawyers, accountants and private clients.
The company, set up by four well-known players in the Channel Island fund industry, is to be headed by Richard Sayers who was previously at Barclays Private Bank and Trust. Nick Booth has left Ashburton Investment Managers to head the business development side of Enhance.
James Painter is to be chief investment officer and Oliver Mourant is responsible for monitoring trust investment portfolios. Both join from Equity Trust.
Enhance aims to provide a solution for the monitoring of investment risk and the performance of investment portfolios.
Sayers said: "Trust companies in particular often have many portfolios managed by different investment houses with different reporting formats. The solution offered by Enhance Investments provides a consistent, high-quality report which is cost effective."
Through the use of its proprietary software, Investment Manager Analysis Program, the Enhance team can produce a comprehensive report that provides clients with an objective view on the performance of the portfolio, along with an understanding of the level of risk taken by the investment manager to achieve those returns.
Enhance also provides an outsourcing solution to intermediaries who need consultancy services from qualified investment professionals.
Painter said: "We recognised the fiduciary requirements of intermediaries to delegate to investment experts for not only selecting but also the ongoing monitoring of investment portfolios. Our focus is to provide an independent service which offers an enhanced solution while removing the administrative burden."
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