A discretionary portfolio, in your own name.
Lundy Managed Accounts is our discretionary portfolio-management service. The account is held in the client’s own name with an independent custodian; Lundy manages it within a written mandate agreed at the outset.
Built around Discovery, sized to you.
The Discovery Global Strategy is the core of most mandates. Around it, the portfolio is sized to the client: a liquidity and fixed-income allocation set by their needs, and access to the wider public-markets universe where the mandate allows it.
Decisions are taken by the investment committee and reported to the client on a fixed schedule.
Your account, your name, an independent custodian. We manage it; we never hold it.
Five steps, agreed in writing.
Eligibility
Professional clients only. Individuals are assessed for elective professional client status first.
Mandate
Objective, risk limits, liquidity and reporting agreed in writing before the account is funded.
Account
Opened in the client’s own name with Interactive Brokers as custodian.
Management
The investment committee runs the portfolio within the mandate, with Discovery at the core.
Reporting
Regular statements and performance reporting, with as-at dates on every figure.
Managed account or advisory?
Two ways to work with us in public markets. The difference is who takes the final decision.
| Lundy Managed Accounts | Investment Advisory | |
|---|---|---|
| Decisions | Lundy decides, within the written mandate | You decide; we recommend |
| Execution | Lundy executes in your account | You execute, or instruct us to |
| Account | In your name, custodied at Interactive Brokers | Wherever you already hold assets |
| Best for | Clients who want the portfolio run for them | Institutions and family offices keeping the final call |
At a glance.
- Service
- Discretionary portfolio management
- Custody
- Interactive Brokers, in the client’s own name
- Core strategy
- Lundy Discovery Global Strategy
- Managers
- Edward Rowson and Wael Menhem
- Reporting
- Regular statements and performance reporting
- Eligibility
- Professional clients; individuals assessed for elective professional status
The value of investments can fall as well as rise and you may get back less than you invest. Past performance of the Discovery Global Strategy is not a reliable indicator of the future performance of any account.
Discuss a managed account.
Tell us about the mandate you have in mind; a principal will reply.