Guinness family office launches first retail fund

The fund’s objective is wealth preservation and it is aimed at families seeking to protect their assets and pass wealth from one generation to the next. Seeking annualized returns of 9.5% with constrained risk, the fund uses a multi-asset approach, which has successfully avoided the equity troughs experienced by many conventional funds over the last decade, says Iveagh. Managed by John Ricciardi, Cambiz Alikhani and the Iveagh Investment Committee, the wealth fund aims to replicate returns of the Iveagh wealth management portfolio. It will utilise optimization and asset allocation strat...