The next instalment of our Rising Stars series sees Evelyn Partners associate portfolio manager Elliot Self speak to ETF Stream about the merits of active ETFs, podcasts and Monsters Inc.
How did you get into fund selection?
My first job in wealth management was with a boutique US/UK company called Tanager Wealth Management, where I joined the investment team. I learned a great deal at Tanager and credit my manager at the time as being influential on how I view fund selection, which includes having an affinity for ETF products. Joining Evelyn Partners has allowed me to explore different approaches to investing and further develop my own style.
What kind of investor are you?
I consider myself a benchmark-aware investor. I think it is essential to have conviction in what you have chosen to invest in, but this should be on the basis that you are aware of the active positions you are taking with respect to the market.
What is your top ETF pick and why?
My top ETF pick is the JPM Global Research Enhanced Index Equity (ESG) UCITS ETF (JREG). This fund aims to provide incremental alpha against its MSCI World index and has a proven track record in doing so. It acts as a great core holding at the base of any portfolio.
Who are your biggest role models?
My biggest role model is Mo Gawdat. Previously serving as the Chief Business Officer for Google X, he shifted his life’s mission after the tragic loss of his son at the age of 21. He launched the One Billion Happy mission, has written a number of books, and hosts podcast called Slo Mo, which I would highly recommend to anyone.
I am inspired by the way he has worked incredibly hard to understand happiness, how it can be achieved and then constantly evaluates the best ways in which he can reach the most amount of people to help them in achieving it. The world needs more people like Mo.
What is a particular area of interest or something you enjoy within ETFs?
I am excited about the evolving landscape of ETFs, particularly the rise of active ETFs and thematic ETFs. It is great that you can now construct a portfolio using a diverse range of innovative products exclusively from the ETF universe. However, there is still a significant educational challenge to overcome, as many traditional investors view ETFs merely as index trackers.
Where is a further development needed within the fund selection space?
I believe there is a significant need for improvement in the technology we use within the UK wealth management sector. Compared to the advancements seen in the US, the UK is lagging behind.
The systems we currently use, such as trading platforms, client CRM tools and portfolio management software, are not as advanced as they could be. We rely on these platforms daily so it is not a stretch to see how a well-designed platform can enhance productivity.
If you could invest in any fictional company from a movie, TV show, or book, which one would it be and why?
Monsters Inc. I could give you many reasons as to why, but I will stick to just the top three.
Mike and Sully made it all the way up from the mail room, so they know how to identify and promote top talent.
The movie shows how they adapted their energy generation methods, showcasing effective leadership in embracing change.
They produce energy from laughter, and that’s the kind of business I would love to invest in. This approach could eliminate our reliance on fossil fuels while promoting more laughter.
