A comprehensive service for wealthy individuals and families that goes beyond managing assets to consider wealth management in its widest sense.
We provide customised discretionary and advisory investment solutions, drawing on the Group’s specialists across almost all asset classes, as well as operational services. Our experts in Family Office services also help clients with multigenerational wealth transmission.
Managing your wealth means balancing a wide array of concerns - protecting and growing your assets, managing risk and planning for the eventual transfer of your estate or succession of your business. That requires advisors that understand each of these issues and are able to work with you to develop a comprehensive set of solutions.
Decisions on structure, implementation and monitoring of the investment strategy will be influenced by these basic tenets:Investors are risk averse – All investors have some level of aversion to risk. The only acceptable risk is that which is adequately compensated by potential portfolio returns. Diversification – For every risk level there is an optimal combination of asset classes that will maximize returns. A diverse set of asset classes will be selected to manage risk. The proportionality of the mix of asset classes will determine the long-term risk and return characteristics of the investment strategy as a whole. Equity Exposure – Equities offer the potential for higher long-term investment returns than cash or fixed income investments. Equities also tend to have more volatile performance. Equities also tend to have more volatile performance patterns. Investors seeking higher rates of return must increase the proportion of equities in their portfolio, while at the same time accepting greater risk. Fixed Income Exposure – Fixed Income can serve an important role in managing risk in an investment program. Fixed income prices will remain under pressure as bond yields revert toward historical averages. Investors may need to be prepared to hold longer dated bonds until maturity and consider higher yielding bonds subject to rigorous credit analysis. International Exposure – Investing globally can help to minimize overall portfolio risk due to the imperfect correlation between economies of the world. International equities also tend to have more volatile performance patterns than US Equities. Hedging Strategies should be considered – Downside risk can be further reduced by the utilization of hedging strategies such as inverse bond ETF’s to manage interest rate risk and Alternative Asset Classes to manage equity risk
Therefore, the basic underlying investment strategy will be to optimize the risk-return relationship appropriate to your needs and goals using a globally diverse allocation to a variety of asset classes, and reevaluate investment objectives and goals periodically.
Roles & responsibilities of all involved parties (fiduciaries and non-fiduciaries) are defined, documented and acknowledged
Investments are managed in accordance with applicable laws, trust documents, and written investment policy statement (IPS)
Service agreements and contracts are in writing
Time horizon & cash flow demands have been identified
Risk level has been established
An expected modeled return to meet investment objectives has been identified
Selected asset classes are consistent with the risk, return and time horizon
There is an IPS in place defining implementation and monitoring of the investment strategy
The investment strategy is implemented in compliance with the required level of prudence
Our due diligence process is followed in selecting service providers, including the custodian
Periodic review comparing investment performance against an appropriate index, peer group and IPS objectives
Periodic reviews are made of qualitative and/or organizational changes of parties involved
Fees for investment managers are reasonable and consistent with agreements and all applicable laws
Periodic review of the organization’s effectiveness in meeting its fiduciary responsibilities & performance expectations
It is important to recognize that investment management strategies cannot control or guarantee investment return. Effective investment management strategies can help to mitigate certain types of risk.