Aiming to grow wealth ahead of inflation after all costs
Investment Manager*
Long-term growth opportunity
Aims to achieve substantial growth over time by investing in a diversified portfolio of quality equities with long-term growth potential.
Defensive allocation
The Global Balanced ETF invests in sovereign bonds with the aim of providing stability and protecting capital during market downturns.
Enhanced active management
Actively managed by a vastly experienced fund management team, using a purpose-built artificial intelligence (AI) model to augment the process.
Growth opportunity
The active selection of quality equities may provide the potential for substantial long-term growth over time.
Allocating to sovereign bonds can help provide stability and protect capital during market downturns.
Active management
Relying on experienced investment professionals for informed decision-making can potentially help navigate volatile market conditions.
Alex has run Global Equity Funds since 1997. He started his career at Rothschild Asset Management running institutional Global Equity mandates. More recently he spent 12 years building a Global Equity business at Artemis Investment Management. He has run mutual funds, institutional money and investment trust mandates. He has founded Goshawk Asset Management LLP with the backing of Christopher Mills and Harwood Capital. He also sits on the Investment Committee of the Royal Academy of Engineering.
Simon, Alex Illingworth and Rosanna Burcheri launched the Artemis Global Select fund in 2011 and managed the Mid Wynd Investment Trust from 2014. He retired from Artemis in 2023. Before Artemis, Simon was one of the Partners at Taube Hodson Stonex Partners, managing St James’s Place funds and the Electric & General Investment Trust and the quoted equity part of RIT Capital. In the 1980s and 1990s Simon was a stockbroker at Phillips & Drew, BZW and Dresder Kleinworth Benson.
Charlie read Economics at Exeter University and joined Psigma Investment Management on an internship in 2014 where he worked closely with Tim Gregory as part of the Investment Team. Charlie joined Vermeer Investment Management in 2016 and was an integral part of the Vermeer team helping with all aspects of fund management, marketing and building the fund’s track record. Charlie joined Goshawk in 2024 following its acquisition of Vermeer Investment Management.
James qualified as a Barrister and joined Smith Keen Cutler in 1982 as an engineering analyst before moving to Quilter Goodison as a pan-European Technology Analyst. In 1988, he joined James Capel in specialist sales for technology and capital goods companies, and in 1995 became Head of UK and European Sales for the firm. James moved to Salomon Smith Barney in 1998 as Global Head of Sales for European Cash Equity Products. In November 2003 he established Man Securities, which was a research-based, conflicts-free European institutional agency cash equities business. James was appointed CEO for MF Global Europe in 2009, a position he held until the end of 2010. James became CEO of Cantor Fitzgerald Europe in November 2011, playing a key role in the turnaround of the business following the financial crisis. He was responsible for equities, equity derivatives, fixed income, corporate finance, and both equity and fixed income trading. James joined Goshawk in 2024 following its acquisition of Vermeer Investment Management.
Tim began his career in investment in 1985 with A J Bekhor and launched his career in fund management with Credit Suisse in 1988 before moving to Prolific Asset Management in 1994 as a senior UK income and small companies fund manager. In 1997, Tim joined Gartmore Investment Management as Head of UK Retail Equities, where he remained until 2001 when he emigrated to Australia and became a founder of Psigma Investment Management (London). Tim worked at Psigma Investment Management as Chief Investment Officer and was subsequently Head of Global Equities until December 2014. He returned to live in England in February 2014 as Head of UK and Global Equities before leaving to co found Vermeer. Tim joined Goshawk in 2024 following its acquisition of Vermeer Investment Management.
The Goshawk Global Balanced ETF is actively managed by the expert team at Harwood Capital Management.
The investment team has an average of over 30 years’ investment experience. They use this deep knowledge and experience, alongside the below process, and then augment this with a purpose-built AI model. In constructing the fund’s portfolio, the investment team highlights three key elements that allow them to judge ‘value for money’ through the cycle to build a portfolio that offers the opportunity and diversification required:
Goshawk Global Balanced UCITS ETF (ROE) aims to provide exposure to high quality growth equities, alongside sovereign bonds, to grow wealth ahead of inflation while protecting capital during market downturns.
The Goshawk Global Balanced ETF is actively managed by the expert team at Harwood Capital Management and will principally invest in growth equities, with an additional defensive allocation to sovereign bonds.
*This fund changed strategy on 30/08/2024
Key Risks
Past performance is not indicative of future performance. When you invest in ETFs your capital is fully at risk and may not get back the amount originally invested. Exchange rates can have a positive or negative effect on returns. The value of equities and equity-related securities can be affected by daily stock and currency market movements.
Source: HANetf, data as of 31.08.2026. Please note that all performance figures are showing net data. Performance before inception is based on back-tested data. Back-testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such a strategy would have been. Back-tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. Past performance for the index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (”Prospectus”) before investing and should refer to the section of the Prospectus entitled ”Risk Factors” for further details of risks associated with an investment in this product. If fund is less than 12 months old, YTD field will be calculated since inception. When you invest in ETFs your capital is at risk.
No. of holdings: 63
A global balanced strategy combines growth assets, such as equities, with defensive assets, such as sovereign bonds. The aim is to create a portfolio that can participate in long-term equity growth while using bonds to help manage volatility during more difficult market periods. Investors researching this type of exposure should look at the split between shares and bonds, how actively that allocation is managed, and whether the portfolio is designed for capital growth, income, inflation protection or a mix of objectives.
Sovereign bonds are often included to provide diversification and reduce reliance on equity markets alone. Government bonds can behave differently from shares, particularly during periods of economic stress, falling inflation expectations or declining interest rates. However, they are not risk-free. Bond prices can fall when yields rise, and currency movements may affect returns for international investors. Investors should consider the portfolio’s duration, country exposure, currency exposure and how the bond allocation is expected to behave in different market environments.
Quality growth refers to companies with strong business models, durable earnings potential, healthy cash generation and competitive advantages. In a balanced strategy, these companies may be used as the main engine of long-term capital growth, while the bond allocation provides a more defensive counterweight. Investors should assess whether the equity holdings are diversified across sectors and regions, and whether company valuations remain supported by fundamentals such as profitability, balance sheet strength and expected earnings growth.
Examples of relevant equity holdings may include global companies such as Apple, Alphabet, UnitedHealth, ExxonMobil, Nestlé and Amazon, alongside sovereign bond holdings such as US Treasury securities. This mix shows how a balanced approach can combine company-specific growth exposure with government bond exposure. Investors should treat these as examples of current portfolio construction rather than stock recommendations, and should review the latest holdings, costs, risks and methodology before making any investment decision.
Key risks include equity market risk, interest-rate risk, currency risk, concentration risk and active management risk. Equities can fall due to earnings disappointments, valuation changes or broader market weakness, while bonds can decline when interest rates rise or inflation expectations increase. A global portfolio may also be affected by exchange-rate movements. Investors should understand that a balanced strategy can reduce reliance on one asset class, but it does not remove the risk of capital loss.
Disclaimer: These FAQs have been generated with the assistance of AI and may contain errors or omissions. They are provided for general information only and do not constitute investment advice, a recommendation, or an invitation to buy or sell any investment.
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About Investment Manager
Goshawk Asset Management is a trading name of North Atlantic Investment Services Limited (FCA no. 969870) with company no. 13800256. Goshawk Asset Management is a new Global Equity boutique launched by Alex Illingworth with the backing of Harwood Capital. Alex has built a global equity team and Goshawk plans to run a number of mandates, including a long-only open ended fund and an active ETF.
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