York-based asset management company Mole Valley Asset Management (MVAM) has launched a new ‘Yorkshire T20’ portfolio to showcase some of the country’s most successful businesses.
Made up of 20 handpicked, listed companies from across the county, MVAM aims to champion some of the best businesses the county has to offer and provide a way for people to grow their savings while supporting local, home-grown industry.
Duncan Sanford, who heads up Mole Valley’s Yorkshire office has built the portfolio over the past year, based on his extensive regional experience as former Chief Executive and Chief Investment Officer for Nestlé Capital Management, the chocolate manufacturer’s global pension fund, and former Interim Deputy CIO of LGPS Central Limited; as well his knowledge derived from living and working in the region and extensive relationship-building with firms ‘made in Yorkshire’.
The Yorkshire T20 reflects MVAM’s ethos of community-focused investing and asset management, based on playing an active part in regional economies and close and lasting engagement with firms and potential investors alike.
The fund includes a scientific innovator on the brink of announcing a ground-breaking test for the COVID-19 coronavirus, and a creative company pioneering new digital technology in the entertainment industry.
“Over 80 companies that have head offices in Yorkshire are listed on the stock markets, from gourmet food producers to digital gaming companies, property giants and healthcare equipment minnows,” he said.
“Living and working in the region, I’ve been pleasantly surprised by the variety, quality and success of the enterprises of all shapes and sizes to be found here. To my mind, Yorkshire is at the forefront of business innovation in the UK across a broad range of industry sectors, which provides the perfect opportunity for people who would like to invest their money closer to home.
“And because our regional Mole Valley offices – in Yorkshire and Surrey – are established in the heart of their communities, they can take the time to really get under the skin of these companies, build close relationships, identify changing trends and select, with confidence, those which represent the best opportunities for people in the region.”
According to the company, early signs are very positive, in terms of interest in the portfolio, as well as the promise the firms within the Yorkshire T20 are demonstrating.
“We believe now is the time to offer investors a more local choice, in line with current public sentiment. A number of our 20 selected companies are on the brink of significant growth – in some cases as a direct result of their response to the pandemic,” said Mr Sanford.
“This is a chance for Yorkshire people to participate in the success of home-grown businesses that will very much appreciate local support as they continue to fly the flag for the region.”