Tuesday 5th October 2021

5.00pm - 9.00pm

Programme

5.00 pm Reg Hoare presents his selection criteria when investing in Investment Trusts and Funds
5.20 pm Company presentation by Residential Secure Income 
5.50 pm Company presentation by Oakley Capital Investments
6.20 pm Andrew Hollingworth, fund manager, presents his investment strategies and ideas
6.40 pm Company presentation by Strategic Equity Capital
7.10 pm Investment Trusts and Funds Panel Session

Company Presentation – Strategic Equity Capital

Strategic Equity Capital plc (SEC) is a London-listed investment trust investing predominately in small cap UK equities. SEC is managed by Gresham House, a UK listed specialist investment manager.

The investment objective of the Company is to achieve absolute returns (i.e. growth in the value of investments) rather than relative returns (i.e. attempting to outperform selected indices) over a medium-term period, principally through capital growth.

SEC listed on the London Stock Exchange on 19 July 2005. The Trust is a concentrated portfolio of 15-25 high conviction holdings with prospects for attractive absolute returns over the long term. The majority of portfolio value is likely to be concentrated in the top 10-15 holdings with other positions representing potential “springboard” investments where we are still undertaking due diligence or awaiting a catalyst to increase our stake to an influential, strategic level.

Ken Wotton, Managing Director, Public Equity

Ken Wotton is Managing Director, Public Equity, at Gresham House. He leads the investment team managing public equity investments and is lead manager for Strategic Equity Capital plc

He also manages the LF Gresham House UK Micro Cap Fund, LF Gresham House UK Multi Cap Income Fund, and manages AIM listed portfolios on behalf of the Baronsmead VCTs.

Ken graduated from Brasenose College, Oxford, before qualifying as a Chartered Accountant with KPMG. He started his career as an equity research analyst with Commerzbank and then Evolution Securities prior to spending the past 12 years as a Fund Manager at Livingbridge and now Gresham House specialising in smaller companies.

Adam Khanbhai, Investment Director

Adam joined in May 2020, following Gresham House’s mandate win of Strategic Equity Capital plc (SEC). He is a Fund Manager, working alongside Ken Wotton managing SEC. He has ten years of relevant financial experience, previously working for GVQIM as a Senior Analyst providing analysis and due diligence on existing and potential investee companies. Prior to this, he worked at OC&C Strategy Consultants for six years as a consultant working on commercial due diligence and strategy projects for corporate and private equity clients.

Adam was a Girdlers’ Scholar at the University of Cambridge and is a CFA charterholder.

Andrew Hollingworth Fund Manager at Holland Advisors presents his investment ideas and strategies

Andrew Hollingworth – Holland Advisors (London) Ltd

Andrew is the founder of Holland Advisors and Portfolio Manager of the VT Holland Advisors Equity fund. The VT Holland Advisors Equity Fund, launched on 21st June 2021, has been converted from the Farnam Street Capital Fund which had been in existence since 2011. Andrew and Holland Advisors provide investment advisory services to some of the world’s largest Investment management houses. 

Andrew set up Holland Advisors in 2009 after a 20 year career in stock broking and fund management. He has had a passion for value and franchise investing for many years. When he is not in the office, Andrew can be found reading anything written by great investors or business managers, swinging a golf club or trying to keep up with his wife and teenage boys on a ski slope.

Company Presentation – Oakley Capital Investments

Oakley Capital Investments (‘OCI’) is a listed investment vehicle that provides liquid access to a portfolio of high-quality private companies and market-leading returns by investing in the Funds managed by Oakley Capital (‘Oakley’). Oakley invests in businesses across Western Europe in three distinct sectors – Technology, Consumer and Education – with a clear focus on digital business models. It has demonstrated a repeated ability to source attractive growth assets at attractive prices and to do this, it relies on its sector and regional expertise, its ability to tackle transaction complexity and its deal generating entrepreneur network.

Steven Tredget, Partner

Steven joined Oakley in 2017 and has more than 18 years of investment banking experience. Steven’s focus is fund raising, communications and investor relations for Oakley and its portfolio companies.

Prior to joining Oakley, Steven was a founding partner of investment bank Liberum Capital. Over 9 years he raised equity capital for hundreds of companies and advised on public market listings. He began his career in 1997 at Collins Stewart, where he held equity research and sales roles.

Steven holds a BSc (Hons) in Banking and Finance from Loughborough University

Reg Hoare presents his selection criteria when investing in Investments Trusts and Funds

Reg has extensive experience investing in Investment Trusts and Funds.  He has gained over 30 years City experience, initially gained with 11 years in investment banking and securities, principally at SG Warburg and Nomura. He switched to financial PR in 1995, and specialises in advising mid market companies, from FTSE 250 to AIM 100 across a number of sectors, and has a long track record of advising in complex situations including IPOs, fund raisings, M&A, crises and restructurings. He also served for 8 years as a Board member of the Investor Relations Society, Europe’s leading body for investor relations practitioners.

Company Presentation – Residential Secure Income

ReSI is a closed-ended investment company with the investment objective of delivering secure income returns by investing in shared ownership and rental portfolios of homes.

ReSI is listed on the premium segment of the Official List of the UK Listing Authority and was admitted to trading on the main market of the London Stock Exchange in July 2017, raising £180 million in its IPO.

ReSI targets, on a fully invested and geared basis, a secure, long-dated, inflation-linked dividend yield of 5.0% p.a. (paid quarterly) and a total return in excess of 8.0% p.a. (assuming 2.5% RPI)  based on the issue price of 100 pence per Ordinary Share¹.

1 These are targets only and not profit forecasts and there can be no assurance they will be met

Ben Fry, Head of Housing, Gresham House and fund manager Residential Secure Income plc (ReSI)

Ben Fry is Head of Housing Investment at Gresham House and a director of the two Registered Providers of Social Housing it manages, ReSI Homes Limited and ReSI Housing Limited. He joined the firm in March 2020 following the acquisition of TradeRisks where he was Managing Director and Investment Manager for its fund management division ReSI Capital Management.

Ben has 15 years’ industry experience, with 9 years social housing experience since joining TradeRisks in 2011. Ben has led the investment management for fund Residential Secure Income plc since IPO in July 2017, prior to which he led TradeRisks’ debt advisory services for housing associations, local authorities, and specialist residential accommodation.

Ben qualified as a chartered accountant with Deloitte and is a member of the Institute of Chartered Accountants of England and Wales. He holds a BSc in Mathematics from Imperial College London.

Panel session on Investment Trusts and Funds

Ken Wotton – Managing Director, Public Equity at Gresham House

Andrew Hollingworth – Fund manager at Holland Advisors

Karin Schulte – Sharesoc Director

Paul de Gruchy – ShareSoc Director and Investment Trust and Funds investor

Reg Hoare – Private Investor specialising in  Investment Trusts and Funds