Our process is based around the intellectual capital and industry experience of the entirety of our team and not any one single individual.  A disciplined investment process is crucial to ensure consistency of performance from one portfolio to the next.

The first step is to identify your client’s investment objectives and the level of risk willing to be taken in order to meet them. We then identify the Investment Strategy which we think is appropriate and explain the risk and return characteristics, to ensure your client is comfortable with the approach.

In constructing portfolios, we aim to add value at three different stages:

• Strategic asset allocation – first, we identify the blend of asset classes (equities, bonds, cash, property, hedge funds and commodities) which our research suggests has the best chance of helping to meet your client’s objectives.
• Tactical asset allocation – then, based on our current outlook for markets, we adjust the weightings in the different asset classes, regions, sectors or themes. Our risk controls give us the confidence to take significant positions where our convictions are strongest.
• Portfolio construction – finally, we aim to select what we believe to be the best investment vehicles from across the marketplace. For example, we use passive funds for quick, cost-effective exposure to markets but choose active managers where they can clearly add value.

All decisions are implemented quickly and with a high degree of consistency across the team, so that all clients can benefit equitably from our investment ideas. The discipline we employ throughout this process enables us to focus our efforts on identifying and implementing investment ideas which we believe will add value to the performance of your client’s portfolio.