Federation of European IFAs on further growth spurt

The Federation of European IFAs (FEIFA) is looking to extend and revamp its recruitment service to include accessing experienced advisers from Asia and Australasia. At the same time, it is looking to undertake a similar exercise in the UK in the near future.

FEIFA has also seen further growth in its Partnership Programme with three new alliances from F&C Thames River, Cheviot Asset Management and Alpha Real Capital.

Despite soft closing its Partnership Programme earlier this year, FEIFA has decided to extend investment partnerships to the three groups who each offer different attributes.

“We have, of course, soft-closed our Partnership Programme earlier this year, but these partnerships are excellent examples of relevant additions to our existing alliances”, FEIFA CEO Paul Stanfield stated.

“F&C Thames River is a very well-known name of course, with a performance focused, absolute return orientated approach and some highly-rated managers like Ken Kinsey-Quick, Gary Potter and Robert Burdett managing a range of top-performing funds.

“Cheviot, however, is entirely focused on providing discretionary management services, an area that our members had specifically highlighted as being of interest, and where we had only a small number of alliances presently in place,” Stanfield explained.

Alpha Real Capital provides a very precise potential benefit for investors, specifically via its Freehold Income Trust (FIT), according to Stanfield.  “An 18 year track record of uninterrupted positive returns is unusual in any asset class; in the property arena it is unheard of to the best of my knowledge.”

FEIFA represents more than 300 advisers operating in 25 European countries and further afield, advising on estimated assets in excess of €2bn. Stanfield also confirmed that a number of further membership applications had been received recently and that due diligence was being conducted on each of these.

The Federation is a non-profit trade association for English-speaking IFAs who are based or operating on the Continent. It is also seeing increasing interest from UK advisers who have expat clients, specifically for the assistance it can provide with regards to guidance on the information necessary to advise clients appropriately, not least in terms of tax and compliant product knowledge.

www.feifa.eu