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Dowgate Wealth welcomes BambuBlack team Expanding fund management division

20 September 2023

Dowgate Wealth, the investment manager with a focus on smaller companies, has strengthened its fund management team with the integration of the BambuBlack investment team and its two Asia focused funds, the Asia ex-Japan Fund and Asia Income & Growth Fund, subject to FCA approval.

BambuBlack portfolio managers, Jane Andrews and Linda Wang Saitowitz, will join Dowgate on 1 November after completion of the transition process from Bennbridge.

Jane Andrews has over 30 years’ Asia Pacific investing experience, including 22 years as a Portfolio Manager at Smith & Williamson before founding BambuBlack. Linda Wang Saitowitz CFA, has over 15 years’ investment management experience including roles at HSBC Global Asset Management.

To provide a seamless transition for investors there will be full continuity of investment philosophy and process. Going forward the funds will benefit from the additional resource and expertise of the broader Dowgate investment team.

The integration of the highly experienced BambuBlack team further strengthens the depth of investment expertise within Dowgate and broadens its fund offering in key geographies.

Laurence Hulse, Head of Funds at Dowgate commented; “Jane & Linda’s appetite for smaller companies neatly adds to the Dowgate approach, while the addition of the two Asia-focused funds allows us to broaden our investment offering to existing Dowgate clients.

This is an exciting growth milestone for Dowgate and the result of a strategic decision to expand our fund management services for clients. We continue to pursue future expansion opportunities as we prepare clients for an eventual equity market recovery.”

Jane Andrews, Founder and Fund Manager at BambuBlack added; “We are excited to form a new partnership with Dowgate and look forward to taking the business to a new level, with the support of its experienced team.”

Press Release written by Share Communications