Jersey-based Ashburton Investments’ longest running Fund is celebrating the 25th anniversary of its launch this month.

The Replica Sterling and Dollar Asset Management Funds were launched in 1992, along with the Dollar Asset Management Fund, to provide the wider public access to the successful multi asset strategy that had previously only been available to private investors.

Today, the Fund has assets under management of over £250 million and has returned 5.7% annualised over the past 25 years*.

The celebration comes ahead of the 35th anniversary of the formation of Ashburton (Jersey) Limited, the forerunner to Ashburton Investments, a company that now has over £8.3billion assets under management. The Asset Management Service, upon which the Sterling and Dollar Asset Management Funds are based, was also launched in 1982 and has become synonymous with the company name.

Dubbed the ‘sleep at night’ service, it was designed to give investors peace of mind while generating real long term growth and has maintained an excellent 8.6%* annualised return since launch.

Jonathan Schiessl, Chief Investment Officer (International) said “It is testament to the hard work and diligence of our staff that not only have we been able to negotiate and perform through all economic cycles but we have been able to do it in the spirit in which Ashburton was founded, focussing on clients’ capital preservation.” 

“For more than 30 years our investment managers have invested in what makes sense.  Multi asset is not the latest investment trend to us.  It has been the cornerstone of our business since inception.  Our product set and approach to investments has evolved over time to suit ever changing market conditions but the underlying constant is that we understand our clients need to effectively manage risk and access more sources of return.”

*Source: Morningstar. 

Photo: Jonathan Schiessl, Chief Investment Officer, Ashburton.