Kingswood Group plans foray into alternatives market

Two new products due out this year

Lauren Mason
clock • 3 min read

Wealth planning and investment management company Kingswood Group hopes to launch "at least two" alternative investment products, according to CEO Patrick Goulding and head of wealth Leigh Philpot.

They told Investment Week that, last year, they hired Merrill Lynch managing director Richard Klein as the company's first head of alternatives, and now believe they are close to being able to offer some new products for clients. Why now is the time to increase exposure to alternatives "I am certainly a believer that there is always space for alternative investments in a portfolio," said Goulding. "There are some very interesting opportunities out there - particularly for investors who are looking for a little more yield; Richard is looking across the likes of hedge funds, private ...

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