New Mattioli Woods fund hits £75m

The fir, which operates from offices north of the border in Aberdeen and Glasgow, has seen huge demand for its industry-leading structured products fund, which on average, has been attracting more than £4.5 million a week.

The company predicts its unique venture will deliver substantial cost-savings and better returns for clients. It was created in association with Commerzbank AG, a leading commercial bank with branches and offices in more than 50 countries.

The landmark £75 million investment figure was revealed today by Mark Fuller, Mattioli Woods’ head of structured products.

He said: “To raise such a sum in just four months demonstrates that our clients have understood - and are keen to invest in - this unique fund.

“The £75 million has surpassed my expectations and we have built a well-diversified portfolio of structured products within the fund”.

Mattioli Woods says the fund - recognised by the Financial Conduct Authority (FCA) - offers greater security, an improved investment process, higher potential returns and instant diversification of products.

It builds on the company’s long-standing track record of managing more than £100 million in structured investments, which have provided average returns of more than six per cent per annum.

Mr Fuller said: “The structured products fund is a key part of Mattioli Woods’ desire to be a wealth management firm for the 21st century.

“We expect other similar funds to be launched on the back of our success”.

Chief executive officer Ian Mattioli added: “This fund is part of the investment strategies that we offer to our clients.

“We continue to manage our clients’ money as though it was our own and, by having great investment solutions like the structured products fund, we can deliver excellent returns and cost efficiency over a long period of time.

“The fund sits as a constituent part of my own family’s investment planning.”