About Heritage Capital Management
Heritage was formed in 1992 as a partnership between the Olsen and Glew families with a view to providing a personal service to private clients who are primarily concerned with preserving and enhancing their accumulated wealth. Our investment approach has therefore always been fairly conservative and fortunately this has helped us to navigate some fairly turbulent times over the years, including the bursting of the technology bubble in the early 2000s as well as the great financial crisis of 2008.
One of our early major developments was the establishment in 1996 of the Heritage Investment Funds, as this allowed us to genuinely pool our own family money with our clients and enabled us to more efficiently and effectively manage larger amounts for a growing number of clients. From under £20 million at inception, these funds have increased significantly in size and the Heritage Managed Portfolio Fund, which has been a particularly strong performer and has itself grown to over £200m now accounts for over half of our firm’s total assets under management. We are proud to say that the increasing amounts entrusted to us to manage over the years has arisen entirely from our focus on doing a good job for our existing clients and relying on them and our network of contacts for referrals.
Another important factor has been the stability of our team. Whilst nearly all of our peers and competitors have succumbed to endless changes in corporate ownership and personnel, our core team at Heritage has now been together for over 20 years. This longevity has allowed us to build genuinely long-term investment strategies as well as long-standing relationships with our clients and in many cases we are now looking after second and even third generations of families.
Overall we believe that the foundations and principles that we have established together with the experience that we have gained over the past 3 decades leave us very well placed to meet the inevitable challenges that we will face in the future.