The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

The new fund managers

Bedlam Asset Management | OneWorld Securities | ABS Investment Management | Gramercy Advisors

Scott Plummer, McCallum, Lesley Cartmell and Compton
Bedlam Asset Management
Dealing with market madness

Bedlam Asset Management's Jonathan Compton is putting his money where his mouth is. He was, and still is, so appalled with the state of the asset-management industry that he left the security and comfort of his job at Credit Lyonnais Securities Asia to set up his own firm. In order to ensure that the managers' interests are clearly aligned with those of their clients, Compton will earn precisely nothing, and his colleagues not much more, until the Bedlam funds hit specific return targets.

"Until we hit critical mass and make customers absolute gains we don't get paid," says Compton. All three Bedlam funds are based on a minimum absolute return of 1.25% a quarter before a management fee can be taken. Compton does not get paid until the firm is in profit. Other staff receive no bonuses either until that time.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree