Havelock London, the new data-driven investment management company, announced today that it is now authorised and regulated by the Financial Conduct Authority (FCA). The company is the first to have successfully passed through the FCA’s new Asset Management Authorisation Hub, which was launched at the end of 2017.
Havelock London plans to manage a UK-domiciled, global UCITS fund launching later this year, with the aim of combining traditional investment management with modern data science and technology.
Matthew Beddall, Havelock London’s CEO, said:
This is a significant milestone in the development of Havelock London and moves us closer towards realising our ambition of building a modern investment management business. We had a very positive experience of the new FCA authorisation hub and are delighted to be the first company to complete the application process through this initiative. We are looking forward to managing a new product which reflects our long-held belief in value investing and our experience in using data, statistics and technology to make investment decisions. We think the exponential growth in data that the world is experiencing is something that can be harnessed to help us better understand the companies that we invest in.