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Firm sets up franchise fund

Published on 14 Jul 2009 under category: legal

A major financial fund has been set up to invest in attractive franchises, it has been revealed.

The Investec Asset Management group is behind the pot, which aims to work with between 20 and 45 companies, those involved in franchise agreements may be interested to hear.

Sam Houlie, the fund's manager, explained the attractiveness of these kinds of businesses to investors.

He said: "High quality companies with enduring franchises can provide superior long-term performance with lower volatility over a full market cycle."

The firm's Global Franchise Fund is currently valued at around $77 million (£47 million) and it will be co-managed by Mark Wynne-Jones, with strong brands among the target criteria for the business.

In other news which may interest those involved in franchise agreements, last week Jackie David, writing for travelweekly.co.uk, gave tips to those looking for this kind of business opportunity.

She said advantages include strong brand recognition and high levels of support and resources for franchisees.