Tory MP and trust tipster John Baron sets up investment firm

Conservative MP and Financial Times investment trust tipster John Baron has co-founded a new wealth business focusing on listed investment companies.

The Conservative MP and Financial Times investment trust tipster John Baron has teamed up with a banking bigwig and a former professional cricketer to launch an wealth managemet firm.

Baron (pictured) , the longstanding member for Basildon and Billericay, has co-founded Baron & Grant Investment Management alongside Christopher Grant, who was formerly head of European equity research at ABN AMRO between 2001 and 2008.

The new firm bills itself as a financial planning, advice and discretionary investment management business specialising in the management of investment trust-focused portfolios.

Grant, who chaired Derbyshire County Cricket club from 2010 to 2017, will serve as chief executive, with Baron chairing the company’s investment committee.

The pair will be supported by Tom Poynton, a director at the new firm, who for 10 years until 2016 was a professional cricketer for Derbyshire. He then retrained in financial planning, advice and investment management at firms including Kames Capital -now Aegon Asset Management- and Smith & Williamson.

Grant said: ‘The business is genuinely different in that our focus is squarely based on investment trusts.

‘We seek to harness the potential of investment trusts for our clients and with the help of others, we also hope to help investors generally better understand how investment trusts can achieve financial objectives.’

Outside of parliament, Baron is a writer on investment trusts for publications such as the Financial Times and Investors Chronicle. He has invested in the vehicles for around 40 years, including while previously working as a fund manager at Henderson Private Investors (now Janus Henderson).

Baron & Grant, which is based in Rosliston, Derbyshire, has also recruited a head of financial planning, Mark Johnson, from neighbouring adviser firm Integritas Financial Planners.

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