Downing Fund Managers, a division of Downing LLP, has become the latest client of investment platform, Third Financial.
As part of the initial phase of the partnership, Third will provide its technology and custody service to support Downing Fund Managers Alternative Investment Market (AIM) inheritance tax (IHT) business line, meaning it will administer around £100m of assets.
The parties indicated they are committed to exploring further areas of cooperation when the onboarding of this business completes this month.
Downing aims to provide diversification and independence of investment different to the mainstream and seeks to provide investment solutions and funds that allow investors access to mandates that do not follow the herd.
The investment house said that its latest move signals a commitment to stability and integrity while taking advantage of Third’s leading position in the investment platform market.
Head of Downing, Judith MacKenzie, commented: “As investment managers, we think a lot about risk – and our new partnership with Third represents our commitment to operational excellence and stability. It also provides us with Third’s excellent portfolio management system and a clear technological roadmap to address changing client needs and opportunities. We were particularly impressed with Third’s ability to deploy the platform and migrate all our clients and assets in a controlled manner and within a short time frame.”
Third’s Investment Platform service streamlines and automates operational processes and provides oversight of the entire investment lifecycle to better mitigate risks through one single system for all clients.
Group CEO at Third, Ian Partington, said: “To have earned the trust and recognition of a firm such as Downing means a great deal to us and we’re pleased to provide them with our market-leading technology, operations, and customer service to help them provide better outcomes for their clients.”
Latest News
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories