Chelverton’s distinct teams of specialists each have a specific area of focus, with a strong bias towards investing in small and mid cap companies.
Founded in 1998
Investing in Continental European listed companies, this strategy aims to generate capital growth by identifying companies, across the market capitalization spectrum, that exhibit higher free cashflow yields and faster sales growth compared to the market average.
It is managed by a team of two experienced fund managers based in Edinburgh.
Aiming to capture the long-term outperformance potential of smaller UK-listed companies, this strategy invests in cash-generating companies capable of self-funding their growth, combined with an active approach to portfolio positioning.
The team consists of three fund managers, led by James Baker, who brings over 40 years of experience working with UK small and mid-cap companies.
Focused on achieving both high income and capital growth by investing in UK small and mid-cap companies, the strategy combines the disciplines of equity income investing with the pricing inefficiencies typically found in smaller companies.
It is managed by a team of three fund managers, two of whom have over 30 years of experience investing in UK small and mid-cap companies.
Chelverton is a boutique asset management firm with a limited range of strategies overseen by dedicated teams of specialised fund managers. When Chelverton was established in 1998, their initial focus was on UK small and mid-cap income stocks, with the launch of an Investment Trust and subsequent open-ended fund. Over time, they have expanded their offering to include expertise in UK small and mid-cap growth and European multi-cap investments. More recently, they've introduced a global sector team with a specific focus on consumer staples.
Chelverton are committed to responsible investing. The managers systematically incorporate ESG issues within investment decision-making and undertake structured ESG engagement with committed holdings, monitoring outcomes against objectives.
A dedicated ESG Team work alongside the managers offering specialist E, S and G pillar analysis. The ESG Team manage an annual Engagement Plan including proprietary ESG data collection, and manage a shared ESG information system. They also manage the shareholder voting process, offering specialist advice and support to managers. The aim is to protect and enhance investment value for clients.
By combining Chelverton’s approach to capital allocation with an Engagement Plan designed to support improvements in company ESG management and reporting, the managers aim to enhance the superior investment returns that are available in their under-researched market segment.
As a majority employee-owned business with a flat management structure and small team approach, Chelverton’s culture ensures that their investment structures, ESG resources, and risk control measures, support responsible investing:
Chelverton are signatories to the UK Stewardship Code, the United Nations-backed Principles of Responsible Investing (PRI), and the Carbon Disclosure Project (CDP).