About Us
Bramdean Asset Management LLP (“Bramdean”) was founded by Sir Derek Higgs and Nicola Horlick in 2004 and the business was launched in January 2005 when it received its approvals from the Financial Conduct Authority (“FCA”). In the early days, Bramdean focused on managing funds of funds. In 2014, Nicola Horlick launched Money&Co., a P2P lending platform. Since then, Bramdean has worked with Money&Co., managing portfolios of loans on a discretionary basis for individuals with more than £50,000 to invest. Bramdean is now working with Money&Co. on a Managed ISA, which allows individuals to invest in an ISA account and Bramdean then selects Money&Co. loans for them. Bramdean has approval from HMRC to act as an ISA manager.
Our Team
Nicola Horlick is the CEO of Bramdean and Laura Jones is the COO. Nicola and Laura have worked together since 1993.
Bramdean is the manager of the Money&Co. Portfolio Service. This service allows individuals to invest in Money&Co. loans through a discretionary portfolio. At the outset, Bramdean will agree the investment parameters with the client. Money&Co. has five credit ratings for its loans: A+, A, B+, B and C+. The rating reflects the likely risk of default attributed to the loan by the Money&Co. credit analyst. If a client has a low appetite for risk, it may be decided that only A+, A and B+ loans should be held. Others may decide to have a spread across all the credit ratings. A+ loans are expected to have a gross yield of around 7% per annum, A loans 8% per annum, B+ loans 9% per annum, B loans 10% per annum and C+ loans 11% per annum. The average length of Money&Co. loans is 4 years. There are two types of Money&Co. loans: amortising (some of the capital and interest paid monthly) and interest only (interest paid monthly, with one capital repayment at the end of the term of the loan). Some loans may pay interest twice annually.
The minimum investment in the Money&Co. Portfolio Service is £50,000. The fee is 1% per annum.
If you invest in Money&Co. loans through Bramdean, the value of your investments may go down and you could lose all or part of the funds managed. Private company investments are not listed on any market and this means that you may not be able to sell them when you want to do so.
The Money&Co. Portfolio Service
The Money&Co.
Managed ISA
Bramdean is the manager of the Money&Co. Managed ISA. The focus is on asset-backed loans (i.e. loans where Money&Co. is able to take security over an asset such as a property). Money&Co. has five credit ratings (A+, A, B+, B and C+). Asset-backed loans are likely to have a rating of A+ or A.
Bramdean can either set up an Managed ISA from scratch or it can accept a transfer from another ISA Manager. As Cash ISAs yield so little currently, the Money&Co. Managed ISA is an interesting alternative for those who do not wish to invest in the stock market. The target yield is 6% net of the annual fee of 1%, which is a very significant uplift on the yields available from a Cash ISA. As Bramdean is authorised by the FCA, it is covered by the Financial Services Compensation Scheme.
If you invest in Money&Co. loans through Bramdean, the value of your investments may go down and you could lose all or part of the funds managed. Private company investments are not listed on any market and this means that you may not be able to sell them when you want to do so.
Contact
You can write to us at the following address:
Kings House
174 Hammersmith Road
London, W6 7JP
Bramdean Asset Management is regulated by the Financial Conduct Authority.
To contact Bramdean Asset Management, please email
Bramdean Asset Management LLP is a limited liability partnership established under the laws of England and Wales with registered number OC309481 whose registered office is 58 Glentham Road, London, SW13 9JJ. Bramdean Asset Management LLP is regulated by the Financial Conduct Authority and is identified on the Financial Services Register under Reference Number 410624. Bramdean Asset Management LLP has been authorised to act as an ISA manager by HMRC and its reference number is Z1835. It is authorised to manage Stocks and Shares ISAs, Cash ISAs and Innovative Finance ISAs.
Money&Co.™ is the trading name of Denmark Square Limited, company number 08561817, registered in England & Wales, authorised and regulated by the Financial Conduct Authority. The company is identified on the Financial Services Register under Reference Number 727325. The registered office is 58 Glentham Road, London, SW13 9JJ.