Wesleyan Assurance Society
Wesleyan Assurance Society is a leading UK-based mutual financial services organization founded in 1841 and headquartered in Birmingham. It provides financial advice, insurance, investment management, pensions, and protection products primarily to professionals, including doctors, dentists, teachers, and lawyers. As a mutual, the Society operates for the benefit of its members without shareholders, focusing on long-term customer outcomes. The firm employs a team of financial advisers and has over £7.6 billion of assets under management and more than 15,500 members as of 2023.
Investment Strategy
Wesleyan employs a long-term, sustainable and responsible multi-asset investment approach, prioritizing competitive returns while minimizing short-term portfolio turnover. The core With Profits Growth Fund integrates sustainability principles via responsible screening, positive contribution, and active engagement. Investments include large cap equities, sovereign and investment grade corporate bonds, property assets, and modest exposures to alternatives like infrastructure and private equity. The investment management team uses fundamental analysis, broad diversification, and does not use derivatives or currency hedging. Smoothed daily pricing is implemented for transparency and low volatility, enhancing the appeal for advisers seeking stability and responsiveness for their clients.
Top Holdings
Equity Positions (106)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | MICROSOFT CORP | 8.51% | $131.4M | 264,271 | $169.08 | $497.41 | +$32.3M |
F FERG | FERGUSON ENTERPRISES ORD | 7.07% | $109.2M | 501,320 | $198.57 | $217.75 | +$28.9M |
G GOOGL | ALPHABET INC | 6.21% | $95.8M | 543,730 | $118.96 | $176.23 | +$16.3M |
M META | FACEBOOK INC | 4.80% | $74.1M | 100,470 | $234.22 | $738.09 | +$16.2M |
N NVDA | NVIDIA CORP | 4.66% | $71.9M | 455,230 | $91.35 | $157.99 | +$22.3M |