Evelyn Partners Fund Solutions (EPFL) has announced today that it will be taking on the role of authorised corporate director (ACD) and fund administrator for two funds managed by commodity equity specialist Baker Steel Capital Managers LLP (Baker Steel).
The transfer of the Baker Steel Gold and Precious Metals Fund and Baker Steel Electrum Fund to EPFL comes after a thorough market review. EPFL, formerly known as Smith & Williamson Fund Administration Limited, has built a strong reputation for providing top-notch Fund Governance and Administration services. With over 145 funds and approximately £10 billion under governance, EPFL is a leading ACD provider to UK domiciled funds.
Baker Steel, on the other hand, is well-known for its expertise in managing equity funds focused on the metals and mining sector. Their investment strategy is value-driven, focusing on risk management and investing primarily in producers of materials essential for a sustainable future such as copper, lithium, uranium, silver, and gold.
Mark Burridge, CEO and fund manager at Baker Steel, expressed his excitement about the partnership with EPFL, stating that it demonstrates their commitment to delivering exceptional service to their UK-based investors. He highlighted the positive outlook for the natural resources sector and the strong demand for critical materials as driving factors for the collaboration.
Neil Coxhead, CEO of Evelyn Partners Fund Solutions, also expressed his delight at being appointed as the independent ACD for the two Baker Steel funds. He emphasized the importance of protecting investor interests and ensuring compelling outcomes for investors through their experienced ACD and Fund Administration teams.
This partnership between EPFL and Baker Steel highlights a commitment to providing top-notch service to investors in the natural resources sector, and investors can look forward to enhanced product offerings and compelling outcomes in the future.
