HNW Wealth Managers
Company Size
Phone number
020 7367 5494
Email address

Rupert Caldecott is one of the most experienced investment managers on the scene, and one of the few who predicted the 2008 crash. Formerly of Dalton Strategic Partnership (DSP) where he was CIO, he highlighted the threat that asset-backed securities posed and reduced exposure to risk assets substantially before the worst of the market falls. Caldecott spent 28 years as a banker, a broker and a wealth manager, moving to Cazenove (pre-Schroders merger) before joining up with the late Andrew Dalton at his namesake firm in February 2006. In September 2017 Caldecott set up RM Caldecott & Partners. His approach is clear: ‘Delightfully unconstrained — portfolio allocation is a set of opportunities and you just have to use your judgement to put money in the right pot’, as he previously told Spear’s. So do his clients want alpha or safety? ‘It tends to be a combination of the two,’ he says. ‘If you have limited exposure to equities there’s no point in putting it in something desperately dull. In current circumstances I don’t think dull means safe.’ That means Caldecott remains ever-vigilant: not only looking out for risk, but opportunity. ‘We’re living in a time of extraordinary change. If you don’t invest in that, it’s a mistake.’ At DSP, Caldecott oversaw the Melchior Global Conservative fund, which saw 1.5 per cent growth in the second quarter of 2017.

Rupert Caldecott