This growth follows the asset manager’s acquisition from Credit Suisse last year by Somers Limited.
Waverton, which was known as J O Hambro Investment Management, has made eight new hires across its core private client, charities and fund teams. Three new independent non-executive directors were also appointed by the board.
“As we celebrate our one year anniversary as an independent owner-managed company once again, it is important to stress that our original investment philosophy and focus on client service remain unchanged,” CEO Hugh Grootenhuis said.
“In my view, our business is strengthened by the fact that directors of the firm have an equity stake, further aligning themselves with the interests of their clients; it is particularly pleasing that the growth in assets has been entirely organic and across all our business areas,” Grootenhuis added.
