Top Recommended UHNW Wealth Managers
Andrew Hess is in his 18th year at Rathbones and has built an impressive book of business, managing discretionary investment portfolios for private individuals, their pensions, trusts and charities – as well as managing investments for City livery companies. ‘Hess is the big name there,’ says one observer.
Hess manages a London team with £5 billion of assets. ‘It has been an eventful year,’ Hess tells Spears. ‘Clients’ portfolios are diversified and therefore able to weather short-term volatility, and our investment managers have had access to a vast amount of proprietary research that has helped to anticipate and plan for some of the ups and downs.’
A member of Rathbones’ fixed income, macro and credit fund selection committee and a fellow of the Chartered Institute for Securities and Investment, Hess has more than 25 years in the industry. Even so, he’s still looking to the future: ‘Brexit aside, at the moment we are focusing on the investment impact of disruptive technologies – which companies and sectors have the potential to make the most money from new technologies like driverless vehicles, intelligent robots and personalised medicines. In the short term, I will be getting to grips with running across and swimming between the Scilly Isles.’
Hess says he ‘prefers to fly under the radar’, but whatever he’s doing, it’s working.