Myddleton cheer as it hits £100m in assets
BOUTIQUE INVESTMENT house Myddleton Croft has announced that an 18 per cent year-on-year growth in Funds Under Management (FUM) has enabled it to reach its target of £100m of assets under management six months earlier than planned.
Leeds-based independent discretionary investment managers Myddleton Croft achieved a turnover of £1m last year.
Julie Jones, managing director of Myddleton Croft, said: “One of our key aims when I became managing director in summer 2015 was to build up the firm’s £70m of Funds Under Management and to have achieved the growth so quickly is a great testament to our ability to attract new clients, increase our clients’ asset values and to the team’s unswerving commitment to providing the very highest levels of service.
“Over the last two years, we have moved offices, expanded the team and made significant investment in a new software management system, all of which have fostered our continued success during a time of turmoil in the markets.
“We are particularly proud this year to have been recognised in three categories in one of our industry’s most prestigious awards schemes, the national Citywire Investment Performance Awards.
“There’s no doubt that the type of bespoke, personal service we are able to provide to IFAs and individuals, together with consistently impressive asset performance are really setting us apart.”
Myddleton Croft has grown to a nine-strong team, working with independent financial advisers, solicitors and accountants throughout Yorkshire and further afield.
The business serves private clients, charities, pension funds and trusts.