The investment process
Our investment process is split into three parts: strategic asset allocation, tactical asset allocation and finally investment selection.
Strategic asset allocation
We derive a strategic asset allocation for each client having discussed long-term objectives and how much risk you are willing to assume. This is the longer term ideal position of the portfolio.
Tactical asset allocation
Our Asset Allocation Committee meets regularly to discuss its macro-economic views and expectations for the future performance of asset classes. Based on these views portfolios are adjusted tactically to try and maximise risk adjusted returns.
Once the asset allocation has been agreed, we then decide on investment selection. The universe of opportunities is vast but can be simplified into the three areas:
We invest across multiple asset classes including traditional investments such as equities, bonds and cash as well as alternative investments like hedge funds, commodities and structured products.