Member Article

Chinese restrictions open up investment opportunities for North East firm

A move by the Chinese Government to ban petrol scooters in cities has opened up new opportunities for a regional Investment Management team.

Peter Jackson, investment manager with Tilly Bailey & Irvine Solicitors, has recently returned from a visit to the Vmoto factories in Nanjing, China, along with other UK and Australian fund managers.

Vmoto, an Anglo-Australian company focussing on China, has expanded its range of electric scooters in response to new restrictions on petrol scooters in many Chinese cities. The firm is also targeting the European domestic market, particularly in Germany.

Following a two-day visit to China, Peter said: “It’s important to know as much as possible about the companies we’re investing in on behalf of our clients, and I was delighted, and privileged to be invited to tour Vmoto’s facility.

“The Investment Management team at Tilly Bailey & Irvine Solicitors works hard to research all investments. Put simply, if we’re putting money in we want to know that what they’re telling us about the company is absolutely true, and remains so. China is a growth market, but we want to be confident that we’re investing in the right businesses to deliver the best possible return for our clients.”

China has had one of the largest two-wheel vehicle markets for many years, and it is expected to continue growing. As the Government has commenced its ban on petrol scooters in cities to reduce air and noise pollution, electric scooters, such as the range produced by Vmoto, are taking an increasingly large share of the market.

Peter concluded: “Vmoto is one of many companies we invest in. It is well funded, and is confidently expanding its electric scooter production. The invitation to visit the factory in China gives us increased knowledge about the company, and in turn gives our clients confidence that analysis and research backs up all our investment decisions.”

Peter Jackson has managed and developed Tilly Bailey & Irvine’s Investment Management department since 1996. He has more than 26 years’ experience of managing discretionary money for private clients and is a Member of the Chartered Institute of Securities and Investment; the firm is also a member of the Wealth Management Association. The department provides discretionary management of individual portfolios for private investors, trusts, pension funds and charities, from across the country. Current funds under management are at over £50m and the department prides itself on the strong personal relationship developed with each client.

Tilly Bailey & Irvine Solicitors is the Tees Valley’s largest full service law firm with offices in Hartlepool, Wynyard Park, Stockton on Tees and Barnard Castle.

This was posted in Bdaily's Members' News section by Tilly Bailey and Irvine Solictors .