Pyrford Global Total Return Fund Update: November 2025 Insights
The Pyrford Global Total Return Fund has recently released key insights for November 2025, highlighting its approach towards delivering stable investment returns. Managed by a seasoned team, the fund has demonstrated a commitment to lower volatility compared to broader global markets. This fund has earned a place on El-Balad’s Wealth Shortlist, recognized for its potential long-term performance.
Fund Overview
Launched in 2009, the Pyrford Global Total Return Fund aims to provide returns that exceed inflation over the long term. The fund seeks to protect investors’ capital during market downturns while considering modest growth.
Investment Philosophy
- Avoid capital loss over a 12-month period.
- Deliver inflation-beating returns over the long run.
- Maintain low volatility compared to stock-only investments.
Currently, the fund’s allocation includes 30% in shares, 68% in government bonds, and 2% in cash. This diversified strategy seeks to balance potential growth with stability.
Management Transition
Investment Chairman Tony Cousins has been with Pyrford for over 30 years. As of August 2025, he transitioned from the roles of CEO and CIO, which are now held by Paul Simons and Daniel McDonagh, respectively. This change supports smoother management continuity and progression for senior team members.
- Tony Cousins: Investment Chairman.
- Paul Simons: CEO.
- Daniel McDonagh: CIO.
Performance Metrics
Since its inception, the Pyrford Global Total Return Fund has returned 97.50%, surpassing its benchmark, the retail price index (RPI), which returned 91.36%. Notably, the fund has limited losses, recording negative growth only once since 2009.
Recent Performance
As of the end of October 2025, the fund achieved a positive return of 9.57%, outperforming the RPI. Significant contributors to this performance included UK government bonds, overseas shares, and specific investments in companies such as British American Tobacco and Reckitt Benckiser.
Risk and Stability
While aimed at stability, the fund still carries risks typical of investments. The management’s conservative strategy helps cushion against losses during market downturns. This cautious approach allows for capitalizing on opportunities when market conditions are favorable for investing more in shares.
ESG Integration
The Pyrford team incorporates Environmental, Social, and Governance (ESG) factors into its investment decisions. This includes rigorous internal analysis and consultations with specialized external research firms. The team assigns ESG ratings based on various criteria, ensuring investments align with sustainable practices.
Cost Structure
The fund incurs an ongoing annual charge of 0.90%, with a reduced net charge of 0.64% for El-Balad clients. The recent acquisition by Columbia Threadneedle Investments allows Pyrford to retain its independent investment strategy, fostering a strong team culture.
Conclusion
The Pyrford Global Total Return Fund continues to show resilience in today’s challenging market. Its disciplined approach combined with a focus on sustainability positions it well for conservative investors seeking stable returns.
