Written by
Laurence Hulse, Investment Director
Dowgate Wealth
There is a saying in the City of London; 'eggs & bacon
– with eggs the hen is involved, with bacon the pig is
committed'.
Launching and then floating an investment company with a
specialist approach to UK smaller companies in current market
conditions is not straightforward. We have seeded the IPO of Onward
Opportunities (ONWD LN) with material skin in the game or some like
to call it; 'bacon'.
The Dowgate team and clients' capital has been committed
alongside external investors to lay the foundations for
capitalising on inefficient markets in the UK where we see a
super-normal return opportunity for clients over the long-term.
Launching an investment company from scratch and floating within
six months chimes with another city adage 'Chicken and egg'
– a dichotomy where many clients want to invest, but only
when you are larger and established, and it becomes a circular
issue.
