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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

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