Introducing Adrian Redmond


We’re delighted that Adrian Redmond has joined MNFA.

He is setting up our Asset Management arm which will be launched in the autumn.

Adrian will soon be publishing a monthly market report on this site.

To put his views into context, we asked Adrian to write a small ‘Insight’ introducing himself and what drew him to MNFA.


“I’ve been asked to make this introduction personal and interesting.

Which I’m afraid is generally defined as an oxymoron.

My sole claim to fame outside the world of asset management was a place in the Guinness Book of Records for a number of years.

This was achieved by playing cribbage solidly for five days without sleep.

Despite this, I have managed to find a wife and have four kids.

We now live in a tiny village in Northamptonshire with two cats and only one local pub.

This means I can’t ask Richard Rhys up to visit for fear of being banned.



Which brings me to the train of events that has brought me to MNFA.



After finishing school I was given a handful of shares by my Dad.

This led me to a six week summer job with a firm of stockbrokers in Liverpool.

It was one hell of a summer and my responsibilities evolved from the coffee machine to the photocopier, and eventually to the fax machine.

I must have done something right as I was still there fifteen years later.

During that time I moved into a client-facing role and became increasingly focused on asset management.

I left to set up a Discretionary Investment management company but was given little funding and joined the Iveagh Trustees (the Guinness Family office) where I was Head of Investments.

I joined in 2002 in the middle of the bear market and started to analyse the best ways of minimising portfolio risk.

It was obvious that picking single stocks was not the best way to achieve this as the market was becoming very unforgiving towards companies that didn’t deliver.

And I became increasingly convinced that picking from the very best collective funds enhanced portfolio value.

This also had the significant benefit of using other people’s brains to select stocks, while I was able to take a more strategic view on asset allocation and focus on my clients’ investment goals.

These were the core components behind my fund philosophy.

Fortunately, it worked.

Three years later, the fund had grown by 60%, which, by March of this year had put it in the top 10% of equivalent funds for that period.

I loved working in a family office.

We all knew each other, enjoyed working together, and were creating a service that was truly personal.

But the family office became part of a larger institution and that old atmosphere disappeared.

The building developed a more corporate feel, and when I started sharing the lift with people I didn’t know, I wanted to return to a more intimate environment.

This led to a number of meetings with Richard Rhys.

I had intended to describe how he ‘courted’ me, but this conjures up a pretty horrible image (if you haven’t met him, his picture is available elsewhere on the site!).

Richard’s track record at MNFA is impressive.

And his vision for the company is inspirational.

He is successfully creating a family office environment and personal level of service, but with much lower entry levels.

I understood why this proposition needed an asset management arm and felt that MNFA could offer everything I want from a business.

There is an incredible atmosphere here in the office. It is actually fun arriving at work in the mornings.

Speaking to our clients, and hearing what they have to say about MNFA illustrates that this company is going places.

I can’t wait to manage money here and we have plans in place to launch our own fund.”