HOW WE INVEST
Our portfolios are designed to compound growth but, importantly, control downside risk and preserve capital in adverse economic conditions and financial market stress. We believe delivering at these times, when it matters most, is crucial to outperforming the market over the long term
Our Approach
- Global and strategic investment mindset
- Asset allocation and security selection is actively managed and we do not constrain ourselves to benchmarks
- Resilience delivered through investment portfolios with high quality and income at their core
- We take internal ownership of the investment and risk management process by investing directly in fixed income and equity markets
- Proven and differentiated investment approach to preserving and compounding family wealth over the long term
- Experienced and successful investment team of dedicated asset class specialists
- Directly invested and actively managed core global strategies in fixed income and equities, complemented by carefully selected diversifying alternative managers
- High degree of client access, engagement and transparency with investment team
Investment Philosophy
We analyse macroeconomic and political event to develop forward-looking views on what the risks and returns for asset classes will be. This allows us to translate these views into actionable asset allocation recommendations for clients.
INVESTMENT APPROACH
- Long-term investment horizon
- A blend of equity, fixed income and hedge fund asset classes
- Top-down macroeconomic approach to asset allocation
- Fundamental, valuation and technical inputs to security selection
- Disciplined process – quantitative and qualitative inputs
INVESTMENT PROCESS
Our investment process starts by analysing a series of monitors to help us understand economic and asset class trends and risk:
- Macroeconomic and policy outlook
- Earnings – expectations and revisions
- Relative asset class valuations
- Market sentiment
BUILD CLIENT PORTFOLIO
- Investment Desk blueprint for asset allocation and security selection
- Specialist Portfolio Managers – construction and portfolio monitoring
- Building blocks – directly held bonds, equities, hedge funds and 3rd party specialist funds
ESG AWARE INVESTING
Regardless of the unquestionable sustainability and ethical benefits of ESG investing, we believe that ESG factors are now of material importance to investment decision-making, alongside more traditional financial metrics.
ESG considerations are therefore integrated into our entire investment process and across all asset classes.
OUR INTEGRATION APPROACH HAS TWO LAYERS:
We use a proprietary ESG scoring mechanism based on data from external providers which acts as a qualitative overlay to our traditional investment process
Our stock specific research incorporates company and industry relevant ESG considerations to ensure ESG risk exposures are reviewed, evaluated and appropriately weighted
Asset Classes
EQUITIES
- Resilience at the core – we believe a core of high quality companies that deliver downside protection is crucial to outperformance
- Active – our equity strategies are actively managed, with high conviction and are not tied to benchmarks
- Disciplined – our process takes a consistent approach to identifying opportunities, combining quantitative screening and due diligence
FIXED INCOME
- Strategically focused – we identify themes that will deliver longer term outcomes for our investors
- Unconstrained – we are not wedded to benchmarks and search for value and absolute growth in a full range of fixed income securities
- Risk controlled – we aim to control volatility of returns through portfolio diversification and the use of derivatives to manage duration and credit risk
ALTERNATIVES
- Market context – we take a top-down macro and market based approach to evaluating opportunities and informing investment decisions
- Access – our network of industry relationships and databases are used to identify new hedge fund strategies
- Risk – we employ a robust due diligence process, to ensure we meet a high set of standards and delivers risk adjusted returns over the long term
