SOMERSET CAPITAL MANAGEMENT LLP other names

{{ Info.Overview }}
Revenue: {{ Info.Revenue | formatUSD }} Headquarters: {{ Info.Headquarters }}

Adviser Profile

Registration status: Terminated

As of Date:

06/02/2024

Adviser Type:

- Large advisory firm
- Outside the United States
- An investment adviser (or subadviser) to an investment company


Number of Employees:

33 -10.81%

of those in investment advisory functions:

15 -16.67%

AUM:

4,235,515,860 -18.21%

of that, discretionary:

4,235,515,860 -18.21%

Private Fund GAV:

0 -100.00%

Avg Account Size:

325,808,912 19.53%


SMA’s:

YES

Private Funds:

0 3

Contact Info

44 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
10B 8B 7B 6B 4B 3B 1B
2015 2016 2017 2018 2019 2020 2021 2022

Recent News

Ex-Somerset Capital partner Stewart joins Pacific AM
02/06/2024

Sebastian Stewart, a former Partner at Somerset Capital, has joined Pacific Asset Management as a Partner and Head of US Institutional Business Development. Based in the £4.5bn independent asset manager's London office, he will report to Global Head of Institutional Sales, Mary Murphy.

Hedge Week

How Jacob Rees-Mogg's hedge fund lost its way - The Telegraph
12/07/2023

How Jacob Rees-Mogg's hedge fund lost its way. Loss of a key backer and instability in emerging markets sinks Somerset Capital Management. Michael ...

telegraph.co.uk

Investment fund co-founded by Jacob Rees-Mogg to close after client withdraws £2bn
12/07/2023

The hedge fund co-founded by Conservative MP Jacob Rees-Mogg is set to wind down after its biggest client left. Somerset Capital Management lost about ...

theguardian.com

Hedge fund co-founded by Jacob Rees-Mogg to close after client withdraws £2bn – business live
12/07/2023

The hedge fund co-founded by Conservative MP Jacob Rees-Mogg is set to wind down after its biggest client left. Somerset Capital Management lost about ...

theguardian.com

Somerset Capital Management to wind down business 
12/07/2023

Loss of largest client made continuing boutique fund manager co-founded by Jacob Rees-Mogg unsustainable

Financial Times

Somerset Capital Management hit by loss of its largest client
12/02/2023

Boutique fund manager loses more than two-thirds of its assets after St James’s Place severs ties

Financial Times

Private Funds



Employees




Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
48241A105 KB Financial Group Inc-Adr $3,416 42.00% 2.00% 0.00%
P31076105 Copa Holdings $1,891 23.00% 4.00% -14.00%
58733R102 MercadoLibre Inc $1,106 14.00% -99.00% -99.00%
35671D857 Freeport-McMoRan Inc $920 11.00% -99.00% -99.00%
98850P109 Yum China Holdings Inc $785 10.00% -99.00% -99.00%