Hansa Investment Company

What Hansa Investment Company does

Hansa Investment Company Limited is a Bermuda-incorporated, London-listed (LSE: HAN / HANA) closed-ended investment company that operates a multi-strategy, benchmark-unconstrained investment portfolio on behalf of retail shareholders, families, and family offices seeking institutional-grade access. The company traces its origins to the 1912 Alto Paraná Development Company and was redomiciled to Bermuda in 2019 under its current name; it adopted its present multi-strategy approach in 2014 under CIO Alec Letchfield. The portfolio combines direct global equities, third-party funds (including hedge funds, emerging markets, and unlisted/private opportunities), and liquidity, typically comprising at least 30 holdings across developed and emerging markets.

The operating model is fully outsourced under regulatory delegation: Hanseatic Asset Management LBG (Guernsey-regulated) acts as Portfolio Manager and AIFM, while Hansa Capital Partners LLP (FCA-regulated) provides investment advisory and additional administrative services. As of 30 June 2026, total assets stood at approximately £1,046.6 million with NAV per share of 535.3p; share capital consists of roughly 67 million Ordinary (voting) and 130 million 'A' non-voting shares.

Revenue is generated almost entirely through NAV-based management fees — 0.8% on NAV up to £500 million and 0.7% above — yielding implied annual fee revenue of approximately £7.8 million at current scale. Distribution is via the London Stock Exchange with both share classes ISA/SIPP-eligible, accessible through major UK retail platforms (Hargreaves Lansdown, AJ Bell, Interactive Investor, Barclays, Halifax) and via regulated financial advisers. In December 2025, the company completed an all-share combination with Ocean Wilsons Holdings Limited, materially expanding scale and shareholder base. NAV total returns of 32.9% (1Y), 76.6% (3Y), and 178.4% (10Y) underpin strong investment performance.

Name

Hansa Investment Company

Legal name

Hansa Investment Company Limited

Website

https://hansaicl.com

Company type

Public

Founded year

1912

Operating status

Operating

Headcount range

11–50 employees

Short description

Hansa Investment Company Limited is a Bermuda-incorporated, London-listed (LSE: HAN/HANA) closed-ended investment company offering retail investors and families multi-strategy, benchmark-unconstrained access to institutional-grade equity, fund, and private market opportunities through an outsourced portfolio management model.

Ownership category

akta.pro rank

Product category

Closed-Ended Investment Trust

NAICS

Other Financial Vehicles (525990), Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Alternative Investments for Private Wealth (Hedge Funds, PE/VC Access, Private Credit) (FSAAABAI)

akta.pro secondary industries

Advisory Portfolio Management (Non-Discretionary) (FSAAABAD), Private Markets Fund of Funds (PE / VC / Private Credit FoF) (FSAHAKAF)

Keywords

• Closed-ended investment company
• Multi-strategy portfolio investing
• Global equity investment trust
• Alternative investment fund management
• Wealth preservation investment fund

Headquarters

HQ city

Hamilton

HQ country

Bermuda

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Infrastructure, Others

Revenue model

1. Management Fees: The company generates revenue through management fees charged on the combined group's NAV. Fee structure is 0.8% on NAV up to £500 million and 0.7% on NAV above £500 million.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Hansa Investment Company Limited is a publicly listed closed-ended investment company operating a multi-strategy investment portfolio that combines direct global equities, third-party fund investments, and private market exposure through a benchmark-unconstrained approach. The company makes its portfolio available to investors through two share classes (Ordinary shares and 'A' non-voting Ordinary shares) traded on the London Stock Exchange, with investment management delegated to Hanseatic Asset Management LBG and Hansa Capital Partners LLP. The portfolio provides private investors with access to institutional-level investment strategies including hedge funds, emerging markets, and private market opportunities, typically reserved for large institutions.

Product overview

Hansa Investment Company is a closed-ended investment company structured as a single unified investment vehicle with two share classes trading on the London Stock Exchange: Ordinary Shares (HAN) carrying voting rights and 'A' Non-Voting Ordinary Shares (HANA). The company operates a multi-strategy investment approach investing across third-party funds, direct global equities, private assets, and liquidity, providing shareholders with access to institutional-level investment opportunities typically unavailable to retail investors.

Differentiator

Problem solved

Functional benefit

Products and services

• Ordinary Shares (HAN) Ordinary voting shares of Hansa Investment Company Limited traded on the London Stock Exchange. These shares carry full voting rights and participate in the company's multi-strategy investment portfolio spanning direct equities, third-party funds, and private market exposure. The shares are available to investors globally and are ISA-eligible.
• 'A' Non-Voting Ordinary Shares (HANA) Non-voting ordinary shares of Hansa Investment Company Limited traded on the London Stock Exchange. These shares do not carry voting rights but participate in the company's investment returns and dividends. The shares are available to investors globally and are ISA-eligible, providing an alternative for investors who do not require voting rights.

Quantifiable outcome

• NAV total return of 32.9% over 1 year and 76.6% over 3 years as at 30th June 2026
• +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

Partnerships

Four partnerships are on record, tiered core and minor.

• Hansa Capital Partners LLPcoreOthers · 3 December 2025Hansa Capital Partners LLP is the Investment Advisor and Additional Administrative Services Provider for Hansa Investment Company. Authorised and regulated by the FCA. The team, led by Alec Letchfield as Chief Investment Officer, manages the investment portfolio and provides regular investment advisor reports.
• Ocean Wilsons Holdings LimitedcoreStrategic or Co-development Partner · 3 December 2025On 3rd December 2025, the Supreme Court of Bermuda sanctioned the scheme of arrangement between Ocean Wilsons and Hansa Investment Company, completing the all-share combination. Hansa acquired the entire share capital of Ocean Wilsons. Ocean Wilsons had previously held a 56.47% stake in Wilson Sons (sold for approximately USD 594 million net of costs in 2025). Both companies shared longstanding investment management roots, with both companies having historic connections to the Salomon family and William Salomon serving as deputy chairman of Ocean Wilsons prior to the merger. The combination strengthened Hansa's scale and diversification.
• Georgeson (Computershare Investor Services PLC)minorOthers · 1 January 2025Georgeson, a trading name of Computershare Investor Services PLC, is engaged by Hansa Investment Company to locate and reunite gone-away and lost shareholders with their dividends and/or shares through an Asset Reunification Programme.
• Hanseatic Asset Management LBGcoreOthers · 1 June 2019Hanseatic Asset Management LBG is the delegated Portfolio Manager and Alternative Investment Fund Manager (AIFM) for Hansa Investment Company. Authorised and regulated by the Guernsey Financial Services Commission (GFSC). William Salomon is chairman of Hanseatic Asset Management LBG.

Scale indicators10 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Ruffer Investment Company: LSE-listed closed-ended fund pursuing multi-asset absolute return with significant use of derivatives and alternatives; directly comparable in offering retail/private investors institutional-grade risk-managed exposure.
• Capital Gearing Trust: LSE-listed investment trust employing a multi-asset, benchmark-unconstrained approach with a focus on capital preservation; operates with similar access to specialist strategies and serves a comparable HNW/family investor base.
• Witan Investment Trust: LSE-listed multi-manager investment trust providing diversified global exposure through a multi-manager approach; comparable multi-strategy construction and access to underlying specialist managers.
• Personal Assets Trust: LSE-listed multi-asset investment trust focused on capital preservation and inflation protection across equities, bonds, and gold; closely comparable as a defensive multi-asset vehicle targeting long-term private investors.
• RIT Capital Partners: LSE-listed closed-ended multi-asset investment trust with significant exposure to alternatives and global investments; targets long-term capital growth for private investors, with a directly comparable structure and investment approach to Hansa.

Broad incumbents

• Caledonia Investments: LSE-listed diversified investment trust holding a mix of public and private investments; broader and more established in scope but overlaps materially with Hansa's quoted and unlisted global equity exposure.
• Alliance Trust: Large LSE-listed diversified investment trust offering global multi-asset exposure through third-party managers; comparable multi-manager structure though typically more benchmark-aware than Hansa.

Emerging players

• JPMorgan Multi-Asset Trust: LSE-listed multi-asset investment trust managed by JPMorgan offering diversified global exposure with alternative components; competes for similar HNW retail flows via ISA/SIPP wrappers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Hansa Investment Company