Wealth manager based on 'science of markets' launches

Manchester based Mamucium Capital Management has launched offering what it calls a "new model" of investing based on the "science of capital markets".

Mamucium is a specialist wealth management company offering financial planning and investment management solutions. It said its approach differs from traditional private banks, wealth management and IFA firms because it uses a model based not on speculation but on the "science" of capital markets. The company beleives this method eliminates the "potentially hazardous stock-picking and market timing risks", as made by the traditional active manager model, and benefits from an approach based on solid theory and empirical evidence. "One of the biggest drags on investment returns are f...