According to the firm, the decision follows the recent expansion of Hawksmoor’s discretionary private client business with the opening of offices in both Dorchester and Taunton.
“The new HFM brand will help distinguish the two sides of Hawksmoor’s business and recognise the continuing success of its fund management team and allow it to develop closer relationships with financial advisers,” the firm said.
The HFM team is now comprised of five, including portfolio managers Richard Scott, Ben Conway and Daniel Lockyer. The team run’s the firm’s two fund-of-fund OEICs, the Vanbrugh Fund and the Hawksmoor Distribution Fund as well as its model portfolio offerings.
Under the new structure, Lockyer takes up the role of CIO: HFM, however, the firm was quick to reiterate that the team will continue to play a key role supporting Hawksmoor’s private client business, working with Jim Wood-Smith (whose title changes to CIO: Private Clients) and his Research Team and providing buy and hold lists of funds for the private client investment managers, as well as strategic input.
Hawksmoor’s Chief Executive John Crowley said:“The contribution of the Fund Management team at Hawksmoor has been critical to our development and growing success. A distinct identity and brand for Hawksmoor Fund Managers will help the team develop its Funds and Model Portfolio Services to a growing number of supporters and investors.”
