Capel Asset Management appoints Richard Watts as Chairman

We are delighted to announce Richard Watts has joined our team as Chairman.

"I am delighted to share that I have joined Capel Asset Management Ltd as Chairman. Russell, Paul and Jon, the founders of the business, are creating funds and mandates that address investors' needs in today’s evolving markets. These Defined Outcome solutions help investors achieve their objectives with greater control over risk and deliver real risk-adjusted returns".

"The Active Defined Return Assets and Diversified Opportunities Funds both have well thought through systematic strategies with active management overlays and are performing at the top of their respective peer groups, whilst also having some of the lowest costs. This area of asset management is growing rapidly on a global basis and is strongly aligned to my background of risk-managed and liability-driven investment. I am delighted that Russell, Paul and Jon have given me the opportunity to join the team and share the next exciting chapter" - Richard Watts.

Paul Adams, Head of Portfolio Management commented,

“We are very proud to welcome Richard into the team. He has unparalleled expertise as a proven CIO at the highest level of global asset management driving performance and growing businesses and has a wealth of closely aligned experience across multi-asset, alternatives and liability-driven solutions. This skillset and his extensive network will be a powerful enabler for scaling our business, in what is becoming one of the fastest-growing market sectors. Defined Outcome and Alternative return strategies have seen exceptional growth in the last few years, as investors recognise the value of a defined outcome delivering more predictable returns without unnecessary risks. The sector is expected to grow from $250bn today, to $1Trn by 2030, according to both Blackrock and Morningstar”.

Welcome aboard Richard Watts

Disclaimer: Capital is at risk. For Professional Investors only.