Who we are
W1M is a leading wealth and investment management firm with offices in London, Edinburgh, Glasgow, Barcelona, and Barbados. The firm offers a full spectrum of wealth and investment management services for high-net-worth and ultra-high-net-worth Individuals and Families, Charities, Consultants, Trustees, Family Offices, Independent Financial Advisers, and Institutions.
Our principal objective is to generate superior real returns for our clients through segregated portfolios
or specialist funds, using a global, active, direct and flexible investment approach.
Your requirements will come first in everything that we do. We regard this as critical, therefore all client relationships sit with the portfolio managers who report directly to you.
Company History
— 1986: London & Capital and Waverton (founded as JO Hambro Investment Management (JOHIM)) were both established
— 2001: JOHIM acquired by the Credit Suisse Group
— 2013/2014: JOHIM name changed to Waverton Investment Management following the sale of the firm to existing management team and Somers Limited
— 2015: London & Capital opened Barbados office to extend its services to Caribbean clients
— 2021: Waverton opened offices in Edinburgh & Glasgow
— 2022: Lovell Minnick Partners acquired a majority stake in London & Capital
— 2022: London & Capital Europe launches by opening an office in Barcelona
— 2023: London & Capital announced acquisition of an institutional investment team from Charles Taylor Investment Management
— 2024: London & Capital and Waverton announced merger
— 2025: London & Capital and Waverton consolidated their brands under a new name, W1M
What we do
We seek to compound superior risk-adjusted returns ahead of inflation over a business cycle.
Our core investment philosophy has remained unchanged since 1986 and we firmly believe in the benefits to clients of a global, active, direct and high conviction approach:
Global
A global approach provides clients with the widest set of potential investment opportunities. W1M's central Investment team offers dedicated expertise across all asset classes and regions.
Active
We firmly believe in the benefits of active management, both in terms of asset allocation and security selection. What we choose not to invest in is as important as what we own, helping us to avoid areas at risk of permanent capital loss and better protect client capital in periods of drawdown.
Direct
We invest predominantly in direct equities, bonds and alternatives, providing greater control over portfolio construction and greater transparency for clients around what they own.
High conviction
Our portfolios are concentrated but broadly diversified. The best risk management technique is knowing and understanding what you own.
Responsible investment
Environmental, Social and Governance factors are intrinsically linked to the long-term financial sustainability and returns of an investment, thereby forming a natural part of good fundamental research. Our integrated approach also uses engagement and voting to help encourage better corporate behaviours.
W1M’s investment process incorporates both bottom-up fundamental analysis as well as our views on the economic outlook (also known as top-down macroeconomic research). Regular dialogue with companies has always been an integral part of our investment process, providing both a clearer understanding of individual businesses and industries, as well as important and often more forward-looking insights on real economic activity. We blend this with analysis of global data to give us as much visibility as possible regarding the outlook from a macroeconomic, regional, industry and consumer perspective.
