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Investment Spotlight<br />
ADVISERS: THE LIFEBLOOD OF EIS<br />
TIME Investments Partner Simon Housden explains to Neil Martin<br />
why advisers are so important to the business<br />
TIME Investments doesn’t accept direct investments into<br />
its funds, meaning that advisers are key to the success of<br />
the business.<br />
Simon Housden, Partner at TIME Investments and also<br />
Sales and Marketing Director, said the fund manager is<br />
never in competition with advisers.<br />
“Advisers are our lifeblood; one thing that’s perhaps unique<br />
about TIME is we only take advised business, we don’t take<br />
business direct from clients, we’re never in competition like<br />
that,” he said.<br />
A team of 20 people at the company spend their time<br />
talking to advisers, meeting them face-to-face, presenting<br />
to them and their clients, all with the aim of up-skilling them<br />
in terms of EIS.<br />
For Housden, the key is rather than trying to constantly<br />
enlarge their market share, is to help grow the overall size<br />
of the market.<br />
“The way to do that, is to provide education for advisers, to<br />
make sure that they are really well informed about how EIS<br />
works and what goes in the space,” he said. “So we spend<br />
all our time presenting at events, conferences, seeing<br />
advisory businesses face-to-face, just to make sure that<br />
everyone is up to speed and do our bit to help them have<br />
the confidence in the product.”<br />
TIME is a part of the Alpha Real Capital group, a global<br />
co-investing fund manager with over £1 billion of assets<br />
under management.<br />
TIME has a simple mission, to try and create transparent<br />
investment opportunities that bring long-lasting peace of<br />
mind to investors and their financial advisers by seeking<br />
stable performance and consistent liquidity.<br />
“Our teams regularly go above and beyond to create an<br />
experience that we’re proud of. We don’t take any<br />
unnecessary risks including the use of gearing and<br />
are recognised for our exceptional customer service,”<br />
said Housden.<br />
Housden said that EIS is still a stable environment<br />
post-Brexit.<br />
“The only negatives are things like legislation risk. Also,<br />
the problem we have is that you wait for every Budget and<br />
see what’s announced, and you never quite know what<br />
you’ve got to work with. There’s been a bit of a habit over<br />
the years of tinkering with the rules which makes our life<br />
more complicated.”<br />
EIS Yearbook 2016/17<br />
47