TIME Investments, a UK business, has been launched as the intermediary-facing arm of Alpha Real Capital, taking the chance to remind investors of the performance of funds such as its Freehold Income Trust.  

The firm plans to roll out new funds alongside its existing range of inheritance tax mitigation services later in 2012, it said in a recent press release. TIME Investments is a “property and tax planning” investment firm that focuses on intermediary sales routes. It is run by former executives from Close Asset Management.

The Freehold Income Trust has recently been identified by Trustnet, the fund data company, as having delivered the highest risk-adjusted returns of any fund in the Investment Management Association’s unit trust and OEIC universe over the last 10 years. In annual results for the year ended 31 March, it produced a total return of 6.02 per cent, (up from 5.50 per cent in the prior financial year).

Nigel Ashfield is the managing director of TIME Investments and manager of FIT.  He was previously managing director of Close Brothers’ property division, where he worked for ten years. Steven Oliver is deputy managing director and Anthony Buckley is operations director of TIME Investments.

TIME Investments plans to launch new funds, including an addition to its range of inheritance tax mitigation services later this year. Besides the FIT fund, TIME Investments will initially offer the Capital Trading Companies fund, an IHT mitigating vehicle benefitting from business property relief.

As part of the move, TIME Investments has hired seven sales staff for its new team, headed by Russell Jarvis, formerly distribution director at Octopus Investments.

Alpha Real Capital is a real estate investment manager with £1.5 billion ($2.4 billion) in assets under management.