The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

Dowgate Wealth   
Dowgate Wealth has announced the launch of a new investment company Onward Opportunities, following its listing on AIM, with initial investments of £12.7 million ($15.7 million). 

Dowgate Wealth will provide portfolio management services to the company, with the investment team led by investment director Laurence Hulse. 

The company’s investment objective is to generate risk-adjusted absolute returns to shareholders through investments in UK smaller companies, creating a portfolio of around 20 to 25 specialist UK smaller companies. They are predominantly listed on the London Stock Exchange, with an investment time horizon of three to five years. 

The appointed board of the company and the portfolio manager believe that a structural market opportunity exists in the UK smaller companies sector which can be exploited through the experience of the portfolio manager. They also believe that implementing an active investment approach to investment identification and position management can lead to increased returns by targeting these inefficiencies. 

The investment team has experience of investing in UK smaller companies and a track record of building businesses. Dowgate Wealth was founded in 2020 by a team of ex-Hargreave Hale investment professionals led by CEO, Mark Chadwick. 

Chadwick said: “Dowgate Wealth is excited to be launching our first investment company, which sits right at home amongst the team’s small cap investing heritage.The market volatility of 2022 has created a statistically interesting time to deploy capital into robust, well-researched investment ideas in the UK.”