Spotlight on GWA Asset Management (GWAAM) who manage the Qualis Funds.
This week, we are turning the spotlight onto GWA Asset Management (GWAAM), the team behind the MGTS Qualis Funds.
Across the week, we will be taking a closer look at:
- Performance throughout 2025
- Progress and positioning year‑to‑date in 2026
- Key insights into the strategy and outlook for the Qualis Funds
We will also be sharing commentary from Andrew Alexander, Chief Investment Officer and Fund Manager, to provide deeper perspective on how the funds are navigating current market conditions and preparing for the opportunities ahead.
Introduction to GWA Asset Management (GWAAM) and the MGTS Qualis Range
GWA Asset Management (GWAAM) was established to deliver discretionary investment management services that enhance the overall proposition available to GWA Group’s wealth management clients.
At the heart of GWAAM’s offering sits the Qualis Investment Service, built on the same rigorous blend of quantitative and qualitative research that has underpinned the GWA Group model portfolios for more than a decade. This disciplined approach forms the foundation of GWAAM’s research‑led, multi‑asset portfolios, which aim to provide something the wider market has often overlooked in recent years: genuine diversification.
Rather than allowing portfolios to become increasingly concentrated in a narrow set of assets (a trend seen across the industry over the past ten years) GWAAM focuses on delivering broad, balanced exposure across asset classes, helping investors navigate markets with resilience and clarity.
Launched in June 2023, the MGTS Qualis range has grown to over £320 million in assets under management. The range was built around a simple but powerful idea:
Two distinct funds that can be blended to meet different investor objectives and volatility preferences.
Designed by financial advisers for financial advisers, the MGTS Qualis range empowers advisers and clients to make informed decisions about the level of volatility that best suits their needs. The funds are managed by GWA Asset Management, under the leadership of Fund Manager Andrew Alexander and his experienced investment team.
The MGTS Qualis Growth and MGTS Qualis Defensive funds are open-ended, multi-manager, multi-asset strategies designed to give advisers and investors a clearer way to build portfolios around real-world risk tolerance. They sit in the IA Global Sector and IA Mixed 0-35% Equities sector respectively.
Fund Positioning
The MGTS Qualis Growth Fund: 100% long-only global equities, diversified by region and style.
The fund invests primarily in the UK, US, Europe and Asia.
The MGTS Qualis Defensive Fund: no equities – focussed on diversification through fixed income funds, which hold government bonds and corporate bonds. The fund also invests in alternative assets, such as property.
Two funds. One aim: a better investor experience across market regimes.
Further information including the latest Fund Factsheets, can be found on the Qualis Funds website – qualisfunds.co.uk.
Disclaimer –
This article does not constitute investment advice or an offer to sell or a solicitation of an offer to buy the products described within. You should consult your financial adviser before making any decisions
Please note that any performance figures are provided for information purposes only and are not to a guide to future returns. The performance of your own investments may deviate due to a number of factors, including product charges, the timing of contributions & withdrawals and portfolio rebalancing. Performance relates to the GWA portfolios only; if you hold other investments performance will be different.
Important information –
As always with investments, your capital is at risk. The value of investments is not guaranteed and the income from them can fall as well as rise. Investors may not get back the amount originally invested. Past performance is not a reliable indicator of current or future results and should not be the sole consideration when selecting a product. The basis of taxation may also change from time to time. We have not considered the suitability of these investments against your individual objectives and risk tolerance. This article is intended for information purposes only.
The MGTS Qualis funds are operated by Margetts Fund Management Ltd (MGTS) the Authorised Corporate Director. GWA Asset Management Ltd (GWAAM) has been appointed as the Investment Manager, a wholly owned Greaves West & Ayre Group business. GWAAM is authorised and regulated by the Financial Conduct authority and is entered on the Financial Services Register https://register.fca.org.uk/ under FRN 960226
Margetts have full responsibility for the management and operation of the funds as the Authorised Corporate Director.
Margetts Fund Management Ltd is authorised and regulated by the Financial Conduct Authority no. 208565. More information about MGTS can be found by visiting their website – MGTS (mgtsfunds.com).
