Mansard is an investment manager set up in the summer of 2010 and the mandate has bumped its assets under management up by more than 400%, from £30m.
Caerus awarded the mandate following a review of the strategy for the DRP funds and Mansard was chosen for its approach to managing index exposure.
The firm was founded by Leon Diamond who is also the company’s chief investment officer. He previously held the position of principal trader/co-portfolio manager of the Porcupine Global Macro Fund and has 14 years of industry experience.
Mansard said the addition of the DRP funds was part of its strategy to expand across a broader range of funds.
The funds were launched in 2011 and are distributed through Caerus’ partners and member advisers (through Caerus Wealth) as well as via a number of industry platforms including Aegon, Prudential and Skandia.