Lansdown, the co-founder of Hargreaves Lansdown, became chairman of the group, which he owns nearly one third of, last month. On Monday it launched the IFSL Ravenscroft Huntress Balanced and IFSL Ravenscroft Huntress Global Blue Chips funds, both of which mirror their offshore equivalents which launched in 2008 and 2014 respectively.
While Mark Bousefield is the named lead manager on the Balanced fund and Ben Byrom is lead manager on Global Blue Chip, both are assisted by the former head of multi-manager at Aberdeen Asset Management, Mark Harries.
Harries, who joined Ravenscroft in November last year, said the group’s high conviction, global and thematic investment approach makes it different to its peers.
“Instead of forecasting political and economic events, we focus on very high quality stocks, and long-term irrefutable trends of changing demographics, increasing wealth and innovation,” he said.
“We don’t waste time on predicting events because predictions are so poor when you look at the numbers historically.”
