Swansea investment management firm scoops coveted award

Swansea-based Crossing Point Investment Management has been crowned best discretionary fund manager (DFM) for the South West and Wales region in the 2021 Citywire Adviser Choice Awards.

Founded in 2018, Crossing Point manages clients’ investment portfolios using various strategies, ranging from its Green Path, which favours ethical and environmentally friendly investments, through to its Guardian portfolios, which use a technique known as ‘trend following’ to identify price changes and decide when to buy and sell assets. This technique is very rare in the UK, making Crossing Point different from most DFMs in the country.

Crossing Point’s investment strategies are rooted in academic research carried out by Tomiko Evans, the firm’s managing director and chief investment officer, and Crossing Point’s investment manager Mike Buckle, who is a professor of finance at Swansea University. A key finding was that their unique trend following algorithm can make investment portfolios less volatile and provide consistent capital returns.

The Citywire Adviser Choice Awards recognise the wealth management brands that are most respected by financial advisers. More than 600 advisers were asked to score the discretionary fund managers they work with across 10 different criteria. Wealth Manager, which is part of Citywire, sent its deputy head of audience development Katie Gilfillan to Swansea to present the award.

Tomiko Evans, managing director and chief investment officer and Crossing Point Investment Management, said:

“We’re delighted to be recognised with this award, particularly because the winners were chosen by advisers. We’d like to say a big thankyou to all the independent financial advisers (IFAs) who supported us.

“As a relatively new DFM with a different approach, it means a lot to know that IFAs like what we are doing and are pleased with the results we are delivering for their clients. We look forward to growing our provision, working with an increasing number of IFAs across the UK over the coming years.”