Transactions
Recent transaction experience – Harwood Capital
- In May 2015, Harwood Capital Management (“Harwood”) acquired Wellian Investment Solutions Limited (“Wellian”)
- Wellian is a fund manager based in Tunbridge Wells. It was demerged in 2007 from the IFA, AV Trinity, having started in 2001 as its fund research department. Wellian will retain its brand name post acquisition
- Wellian managed £185m in May 2015 in multi-asset discretionary portfolios using collective investment schemes on a wide range of platforms. Clients of professional advisers are offered risk-graded model portfolios as well as a bespoke service for larger clients
- Harwood bought Wellian to offer Wellian’s discretionary service to higher net worth clients which will complement Harwood’s existing capability in managed funds for lower net worth clients, thus providing more choice to advisers
- Asgard identified Wellian as an acquisition target for Harwood