Charles White is particularly focused on preservation of capital and aims not to succumb to ‘external pressures’ from shareholders. It’s the main benefit of being a boutique, he says: ‘We’re not driven to grow for growth’s sake. If we go through a dull phase because we’ve taken a cautious approach and the returns are suppressed, that’s fine — no one’s breathing down our neck.’ The investment director —previously at NM Rothschild, ABN Amro and ING Barings — believes in steady growth and stability. The employeeowned family institution is not a ‘bolt-on business’: instead it occupies a niche space where personal relationships are more important to clients than ‘following fads or investment fashions’.
HNW Wealth Managers