Andrew James Kelly

RAM is an active, team-based manager which believes that their fund managers should manage with conviction and focus on outperformance. The firm's teams are organized as a series of boutiques, both in their core business and their joint ventures. There are separate teams for each of their core business areas, each led by a Chief Investment Officer. Teams devise the strategy and process which best suits their particular asset class at any given time. The firm's team members cover different sectors within each asset class, allowing individuals to become specialists. The roles of investment manager and analyst are combined, allowing them to fully understand the stocks in which they invest. Information is shared among teams, through RAM's mentoring system, regular meetings and global sector analysis. Each asset class has its own distinct investment approach. Risk controls are integral to the firm's investment process. Their Risk Management team works closely with the investment team to ensure that managers are aware of the risk they are taking when they move overweight or underweight in any particular stock, sector or country. In addition, the executive board meets heads of desks each month to review fund performance. The firm's buddy investment manager provides additional risk control by questioning existing views and their compliance team also monitors and supervises the investment team.

Liontrust Management seeks to maximize their clients’ portfolio returns and protect their interests. The firm seeks an approach to investing which integrates ESG analysis into day-to-day investment activities.

Cartesian follows a growth-and-value investment approach and aims for long-term returns uncorrelated with market conditions. The firm invests primarily in listed UK equity. Cartesian specializes in unconstrained stock-picking leveraging the expertise of the portfolio managers. Their investment philosophy emphasizes free-thinking, innovation and 'high alpha'. They invest for the long term and seek to exploit economic sub-cycles and 'stock market blind spots', targeting under-researched companies. Their stock selection process focuses on earnings sustainability, business model and intrinsic quality. In-house research includes company visits and is supplemented with sell-side analysis. Resolution Asset Management provides all non-core functions including administration, risk management, distribution and back office capabilities. The firm invests in UK equity across sectors and market caps, focusing on small- to mid-cap companies with growth potential as well as on underperforming mega-caps. Portfolios are conviction-based, concentrated, scaleable and subjected to regular systematic reviews. Positions are divested when the target price has been reached.