Waverton Investment Management

William Dinning serves as Chief Investment Officer and chairs the central investment committee. He oversees a research team of fourteen analysts who perform manager due diligence and recommend allocations across asset classes. Decisions on tactical positioning and manager appointments are made collectively by the investment committee, applying a house view built from bottom-up research.

Waverton primarily operates as a manager of managers, allocating to external funds across equities, fixed income, and alternatives. In April 2024 the firm launched its first internally-managed fixed-income fund, the Waverton Sterling Bond Fund, indicating a partial shift toward in-house management for certain strategies. Direct property holdings also feature in some client portfolios.

The firm was founded in 1986 as J. O. Hambro Investment Management to manage the family's wealth. Today Waverton operates independently; it rebranded in 2014 following a management buyout with backing from a Berkshire Hathaway subsidiary, and majority ownership now rests with management and staff.

Waverton serves high-net-worth individuals, family offices, trusts, pension funds, and charities. The firm maintains a dedicated charities team that runs endowment-style portfolios, while the private client division provides both advisory and discretionary management. Institutional mandates sit alongside the private wealth business.

Given its manager-of-managers architecture, Waverton typically accesses private equity, real estate, and infrastructure through selected fund managers rather than direct co-investments. Some client portfolios include direct property, but for most alternatives the firm selects specialist funds.