Certainly, it is human nature to feel more comfortable with people who put their money where their mouth is. A fund manager, for instance, who invests in the funds that he supports professionally is showing that he trusts the work he’s doing and that he stands by it. To this end, the M&M Investment Company have identified management teams that do just this; they have the largest personal holdings in the funds they manage. Here are three of them:
Christopher Mills is the chief executive and investment manager of North Atlantic Smaller Companies Investment Trust plc and chief investment officer of Harwood Capital LLP. He founded Harwood Capital Management in 2011 and he is a non-executive director of several companies.
Simon Borrows of the 3i Group is another executive on the list. He was appointed as the chief executive in May of 2012, after joining 3i in October of 2011 as the Chief Investment Officer. He spent 13 years with Greenhill & Co. before joining 3i and he founded the European business of Greenhill and was co-president of the group on its floatation on the NYSE in 2004.
Finally, Reade Griffith is a founding partner of Polygon and a Principal of Tetragon Financial Management LP. He is on the Tetragon board of directors. Prior to being the founder of Polygon, he founded and was the CEO of the European office of Citadel Investment Group.