From inception, Brompton has focused on building two principal businesses, multi-asset investing on behalf of financial intermediary groups, private clients, retail funds and institutional clients and global property investment on behalf of institutional clients.
There have been a number of significant milestones since Brompton commenced trading as a regulated entity.
In July 2012, the EF Brompton Multi-Manager OEIC was established, initially with one sub-fund, the EF Brompton Global Income Fund. A further five funds, Global Opportunities, Global Equity, Global Balanced, Global Growth and Global Conservative, were seeded between November 2012 and April 2014. The six funds have clearly differentiated investment objectives and sit within the five principal Investment Association multi-manager sectors.
In December 2013, Brompton announced an agreement with the WAY Group. Under the agreement, Brompton purchased the right to manage the WAY Global fund range with £148 million of funds under management. The three funds within the Global range are the WAY Global Red Portfolio, the WAY Global Blue Portfolio and the WAY Global Cautious Portfolio. Following the agreement, the funds continue to be used as the core investments underpinning the WAY Group’s inheritance tax mitigation solutions. The relationship with the WAY Group expanded in May 2017 when Brompton took over the management of two more WAY funds, the WAY MA Cautious Portfolio and the WAY MA Growth Portfolio, with combined assets of £40 million.
In August 2017, the firm appointed Jon Hodesdon as head of multi asset sales. Jon was a member of the senior sales and marketing team at New Star as fund of funds sales director. He then became associate director, multi-manager accounts at Henderson Global Investors.
In March 2018, Brompton was named as the winner of the 2018 Thomson Reuters Lipper UK small group award in the mixed assets class. The Thompson Reuters Lipper Fund Awards honour funds and fund managers that have excelled in providing consistently strong risk-adjusted performance. Using Lipper’s proprietary methodology, the awards recognise funds and fund managers for their consistently strong risk-adjusted performance relative to their peers over three, five and 10 years. For each asset class group, two awards are given, one for small companies and one for large companies.
Alongside its mutual funds business, Brompton has focussed on establishing and developing relationships with a select group of independent financial advisers. Under such agreements, Gill Lakin and her team provide investment expertise, including asset allocation, fund selection and the construction of model portfolios and risk-rated strategies, to the clients of these independent financial advisers. The fund management team’s clearly-differentiated multi-asset investment philosophy is designed to cater for the needs of investors with a wide range of differing risk tolerances.