Investment Approach
WHAT WE DO
Investment management
Portfolio construction / strategic asset allocation
Manager selection
Overseeing other providers
Consolidated reporting
Opportunity evaluation
Evaluation of client-sourced direct deals / fund opportunities, including:
Financial modelling
On-site fund DD
Review of legal documents
Other financial planning
Assistance with broader strategic aspects of the family such as:
Liquidity management
Arranging financing for the
family’s core business
Structuring
Assisting with investment trust/company structuring
Inter-generational planning
Team members sitting on Investment Committee
Multi-asset class endowment approach
Our philosophy is grounded in the multi-asset class endowment approach used by many of the world’s most sophisticated investors.
We seek to achieve excess return by partnering with best-in-class managers who have specialist expertise and are not accessible via private bank platforms.
We aim to deliver high quality risk-adjusted returns superior to those available via simpler and less diversified strategies.
Simplicity, cost control, long-term thinking and avoiding market timing
Our investment philosophy
Long-term thinking
Long-term investors outperform short-term investors over a market cycle
Implement, and stick to, a pre-agreed long-term plan
Diversification across asset classes and a long-term perspective can help withstand periods of market stress and illiquidity
Seek genuine outperformance
Access to best performing managers is critical for long term outperformance
Quality manager research and selection adds value given broad dispersion of returns
However, it is important to recognise when managers are no longer generating excess returns relative to their investment risk
Cost control
Cost control is distinct from cost minimisation
Total expense ratio has a major impact on future returns, but high-quality alpha generating strategies typically cost more
We balance active, higher fee, strategies with low-cost instruments in more efficient markets
Avoid over-complexity
Simple and transparent investments are preferable in mainstream, efficient asset classes
Over-diversification can be detrimental to overall returns
Successful market-timing is near-impossible to achieve consistently
Get in touch
If you’d like more information or to discuss working with us, please do get in touch.