Brickwood Asset Management LLP (Brickwood) launches its first mutual fund today, the TM Brickwood UK Value Fund (OEIC). Brickwood is an independent dedicated value equities boutique founded in January 2024.
Brickwood announces the launch of the TM Brickwood UK Value Fund, which aims to outperform its benchmark, the FTSE All Share, net of fees, over the long term (rolling 5-year period).
The Fund will be co-managed by Ben Whitmore and Kevin Murphy, who are based in London. Ben and Kevin are further supported by fund manager, Dermot Murphy. Together the investment team have over 60 years dedicated value equities investment experience.
As value investors, the team believes that one of the biggest determinants of future returns is whether the valuation paid for an individual security is high or low relative to its long-term history. Their aim is to identify undervalued securities and wait for the market to recognise their value. Through commitment to the clearly defined, evidence based and repeatable process, this approach has historically delivered attractive returns over the long term for their clients.
Claudia Ripley, Chief Executive Officer:
“At Brickwood we have brought together some of the most highly regarded and experienced value fund managers in the industry. We believe the breadth of knowledge and depth of expertise is really compelling.
Our ultimate purpose is to become the home of value investing in the UK, and we aim to achieve this by continuing to focus on our strong, long term client relationships and delivering attractive long term investment returns for our clients.”
Ben Whitmore, Fund Manager:
“We are pleased to be launching Brickwood’s first fund. Our long history of value investing combined with the low valuations we are currently seeing makes it an opportune moment for the fund launch.”
Download the full Press Release here
- Press Releases