Margetts Fund Management

What Margetts Fund Management does

Margetts Fund Management is an FCA-authorised (FRN: 208565) UK investment manager and Authorised Corporate Director, headquartered in Birmingham. The firm manages a range of risk-rated multi-manager funds, anchored by four flagship vehicles — International Portfolio (1992), Providence, Select, and Venture (all 1995) — that can be used independently or combined to build risk-targeted portfolios. Since 2003 Margetts has also operated as a host ACD under the MGTS brand, providing governance, oversight, and administration for third-party sponsored funds spanning multi-manager, direct equity, property, derivatives, and split mandate strategies; by March 2025 the firm operated 97 funds with aggregate AUM of £10bn.

The underlying technology stack is purpose-built for a UK retail and intermediary book. Core components include an in-house transfer agency enabling same-day dealing turnaround, dedicated investor (investors.margetts.com) and adviser (advisers.margetts.com) portals, a proprietary Risk Profiler questionnaire used by advisers, automated Auto ISA bedding-in, Regular Investment Plans, and Regular Withdrawals. Distribution is intermediated, running through a dedicated financial adviser portal, the firm's own investor portal, and third-party platforms and fund supermarkets. Operations are supported by Bank of New York Mellon as depositary, Bravura Services for register management, and SmartSearch for AML/electronic verification.

Revenue is generated primarily through recurring annual management charges on the Margetts Risk Rated Funds and hosted MGTS funds (different share classes carry initial and/or ongoing charges), supplemented by ACD service fees for governance, administration, and oversight provided to third-party investment managers. Customer segments are individual investors, financial advisers/intermediaries, and investment manager sponsors seeking ACD services. The firm is privately held, B Corp certified, and operates exclusively in the United Kingdom.

Name

Margetts Fund Management

Legal name

Margetts Fund Management Limited

Website

https://margetts.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Margetts Fund Management is a UK FCA-authorised investment manager and Authorised Corporate Director operating risk-rated multi-manager funds and host ACD services for third-party managers. It serves individual investors, financial advisers, and fund sponsors, with £10bn AUM across 97 funds.

Ownership category

akta.pro rank

Product category

Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910), Open-End Investment Funds (52591)

SIC

Investment Advice (6282)

akta.pro primary industry

Target-Risk / Risk-Managed Allocation Funds (FSAAAEAG)

akta.pro secondary industries

Advisory Portfolio Management (Non-Discretionary) (FSAAABAD), Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

Keywords

• Risk rated funds
• Multi-manager funds
• Investment management
• Authorised corporate director
• Fund administration services

Headquarters

HQ city

Birmingham

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Fund Management Fees: Annual management charges collected from investors holding shares in the Margetts Risk Rated Funds and hosted MGTS funds. Different share classes have varying charging structures, including initial costs with lower annual charges for long-term holders and lower/no initial costs with slightly higher annual charges for flexible investors.
2. ACD Services: Authorised Corporate Director services provided to third-party investment managers, including governance, administration, oversight of investment management, and operational support for collective investment schemes.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Margetts Fund Management is an independent UK investment manager and Authorised Corporate Director (ACD) that designs, launches and manages risk-rated multi-manager funds, and provides fund governance, administration and oversight services to third-party investment managers via its MGTS host ACD brand. The firm combines Strategic and Tactical Asset Allocation across asset classes and geographies, and supports retail and intermediary investors through tax wrappers including ISAs, Junior ISAs and pensions.

Product overview

Margetts Fund Management is an independent UK investment manager and Authorised Corporate Director (ACD) offering a multi-product platform centered on four flagship Risk Rated multi-manager funds (International Portfolio, Providence, Select, and Venture) launched between 1992 and 1995. These funds can be used independently or combined to build risk-rated portfolios. As a host ACD, Margetts also provides governance and administration services for third-party managed funds including multi-manager, direct equity, mixed investments, derivatives, and property funds through the MGTS brand. The platform supports various tax wrappers including ISAs, Junior ISAs, and pensions, with services such as Regular Investment Plans, Regular Withdrawals, and Auto ISA for automated portfolio management. The company operates separate investor and adviser portals with online access to holdings, transactions, and reporting.

Differentiator

Problem solved

Functional benefit

Products and services

• Margetts Risk Rated Funds Four flagship multi-manager funds (International Portfolio, Providence, Select and Venture) that invest across asset classes using a layered approach of Strategic Asset Allocation, Tactical Asset Allocation, and quantitative/qualitative analysis. Each fund targets a specific risk profile and can be used independently or combined to build an actively managed portfolio for individual investors and financial advisers.
• MGTS Host ACD Services Authorised Corporate Director (ACD) services provided to third-party investment managers, including FCA-authorised governance, fund administration, oversight of investment management and operational support for collective investment schemes. 97 funds were operated under this model as of March 2025, spanning multi-manager, direct equity, mixed investments, derivatives and property funds.
• Margetts Stocks and Shares ISA

Quantifiable outcome

• 97 funds operated as of March 2025
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Bravura ServicescoreTechnology or IntegrationBravura Services provides Margetts with a hosted service to manage and store the register of investors. This is a critical operational technology partnership for investor record-keeping and fund administration.
• SmartCredit Ltd (SmartSearch)coreTechnology or IntegrationSmartSearch acts as joint data controller with Margetts to comply with fraud and anti-money laundering requirements through electronic verification checks for investor registration.
• Bank of New York Mellon LtdcoreOthersOne of the world's largest depositaries and custodians, Bank of New York Mellon holds fund assets in safekeeping on behalf of investors, providing protection if Margetts defaults. Margetts and the depositary share fiduciary duty of care to investors.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• 7IM (Seven Investment Management): UK-based multi-manager and risk-targeted discretionary fund manager serving advisers and direct investors. Most directly comparable to Margetts on multi-manager risk-rated proposition, adviser-led distribution, and target-risk fund range.
• Liontrust Asset Management: UK-listed fund manager offering multi-asset and risk-targeted strategies alongside active equities, distributed largely through financial advisers. Comparable in product mix (multi-asset/risk-rated), adviser channel, and UK retail focus.
• Thesis Asset Management: UK investment boutique group offering multi-manager and risk-targeted funds, with significant ACD and fund administration services for third-party managers. Comparable to Margetts on host ACD services, multi-manager funds, and adviser channel focus.
• Brooks Macdonald: UK discretionary fund manager and platform provider offering risk-graded multi-asset portfolios distributed through advisers. Comparable on risk-rated proposition, adviser-led distribution, and UK-domiciled multi-asset focus.
• Rathbones Group: UK wealth and investment manager offering discretionary multi-asset portfolios and risk-graded funds to private clients and advisers. Comparable on risk-graded multi-asset proposition, adviser channel, and FCA-regulated UK fund management.

Broad incumbents

• Quilter: Large UK wealth manager with a multi-asset/risk-targeted fund range and adviser platform. Broader incumbent with larger scale, offering overlapping risk-rated funds and adviser distribution alongside platform and advice services.
• abrdn (formerly Aberdeen Standard Investments): Large UK-headquartered global asset manager with multi-asset, risk-targeted, and multi-manager funds distributed via advisers and platforms. Competes with Margetts in UK risk-rated multi-manager shelf-space.
• Vanguard UK: Global low-cost asset manager with significant UK retail and adviser business in multi-asset/risk-targeted funds. Competes with Margetts in the risk-rated space at materially lower fee points, pressuring active multi-manager economics.
• Fidelity International: Global asset manager with a substantial UK multi-manager and risk-targeted fund range distributed through advisers and platforms. A broad incumbent competing directly for adviser mandates and platform shelf-space.
• Schroders: Global asset manager with a substantial UK multi-asset and risk-targeted fund range distributed through advisers and platforms. Operates broadly in Margetts' space with overlapping capabilities but at much greater scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/margetts-fund-management
• Xx.com/margettsfm

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Margetts Fund Management