Alternative Investment Awards 2018

2018 Alternative Investment Awards 16 Albert E Sharp Best Discretionary Fund Management Group 2018 - UK Albert E Sharp is an independent partnership dedicated to providing investment management services. We profile the firm and explore how its unique, experienced team dedicates itself to managing investments for a range of illustrious clients including wealthy individuals, pension funds, charities, trusts, companies and local government bodies. Company: Albert E Sharp Contact: Keith Scott Address: Seven Elm Court, Arden Street, Stratford-upon-Avon, CV37 6PA, UK Phone: 07801 794940 Website: albertesharp.com Emails: [email protected] | [email protected] | [email protected] Established in 1911 as a stockbroker for local families in the Midlands, Albert E Sharp grew over the years until, in 1946, Kenneth H Sharp became senior Partner and established a corporate finance and research department specialising in the engineering and industrial sectors. Following this development, the firm’s success propelled it to a position of pre-eminence outside London, which led to further expansion into related business areas including discretionary investment management. In 1975 Simon Sharp, Albert’s grandson, became the senior partner. Under his leadership, the business continued to flourish offering corporate finance, institutional brokering, unit trusts and private client services. Then, in 1998 the firm was acquired by Old Mutual and merged with Capel Cure Myers to form Capel Cure Sharp. In 2003 Barclays Bank purchased the retail stockbroking business from Old Mutual. In 2009 Giles Sharp, Albert’s youngest grandson, persuaded Barclays Bank to kindly return the firm’s name and he subsequently re-established Albert E Sharp. Today Albert E Sharp is proud to retain the traditional values of a truly personal investment service. As an independent, well-established Partnership, its Partners aim to forge long term investment relationships with clients and their advisors. The partnership continues to represent the traditional values of professionalism, service and integrity associated with the Sharp family name. As part of this commitment, currently Albert E Sharp offers a wide range of services from bespoke discretionary and advisory portfolio management, to discretionary fund AI180021 management within the companies own range of model portfolios. These range from high to low risk, subject to the clients’ attitude to risk and investment requirements. A popular offering is the Albert E Sharp IHT Portfolio, the bespoke Inheritance Tax Portfolios for Business Property Relief. The AIM portfolio team has recently been awarded the W&F Alternative Discretionary Fund Manager Award for 2018. The portfolios run by John Smith & David Gilbert manage funds on a bespoke basis for clients looking for Inheritance Tax planning. The objective of the Albert E Sharp IHT fund is to build a portfolio of quality investments in companies that qualify for Business Property Relief, and will fall outside of the clients’ estate for Inheritance Tax Purposes once held for over 2 years. Subject to HMRC approval. The portfolios are bottom up and not sector driven but David and John endeavour to achieve a balanced diversification. All portfolios are bespoke and whilst they will hold up to 80% of investments in their top 10 to 12 holdings there will be a variant due to timing and market conditions at the time of portfolio inception. Clients ISAs’ can be converted to IHT Portfolios enabling capital growth tax free. There are no additional charges for holding the portfolio in an ISA wrapper. As part of their hands-on approach to investing, John and David frequently visit the companies they invest in. By taking part in fund raisings and new issues, they find an attractive way to invest funds on behalf of clients. One of the most effective ways they invest funds is through new issues both institutional Investment Management & Stockbroking.