Twentyfour bounces back after shaky start

Specialist credit boutique TwentyFour Asset Management aims to develop a suite of funds across the fixed income spectrum. Jane Wallace reports.

From nought to £1.1bn assets under management in less than three years is an impressive achievement for any fledgling boutique. It is all the more remarkable when that boutique, fixed income specialist TwentyFour Asset Management, almost never got off the ground. The firm began as the brainchild of investment bankers Graeme Anderson and Mark Holman in 2005. Involved in setting up new businesses for Barclays Capital, they were determined to start their own venture and quit in March 2006 to form Synapse Investment Management. Knowing they needed a substantial amount of AUM from da...