Diversification across asset types

• We take a whole of market approach and consider a range of asset types including domestic equities, international equities, fixed income and alternative assets.
• Diversification brings many benefits, the most important being access to a range of investment opportunities across the globe.
• Diversification also assists to lower portfolio volatility as volatility in some asset classes may be counter balanced by more defensive characteristics of others.

Global approach

• Offshore equity markets play an important part in delivering superior long-term portfolio outcomes and supplementing the narrow base of domestic equities which have a heavy concentration in financials and materials.
• We look for international investment opportunities in areas of structural growth benefitting from rapidly evolving technological trends, increased prevalence of e-commerce and ageing western populations.

Focus on quality, value and growth

• In selecting investments, we focus on quality and value by short listing companies that have a sustainable competitive advantage, earnings growth, a robust balance sheet and are attractively priced.
• We avoid companies that have structural or cyclical challenges, are low quality, or whose prices are based on overly optimistic forecasts.

Portfolio construction

• The key starting point for portfolio design is the asset allocation for a client’s risk profile.
• We also place emphasis on risk management, via strict limits on weightings to sectors and stocks.
• We are style agnostic to investment choice, selecting growth and value investments that pass through our investment filters.

Portfolio monitoring

• Daily monitoring of markets and securities data.
• Weekly meetings with our advisers.
• Monthly meeting with our investment committee.
• Quarterly reporting and investment commentaries for our clients.
• Advice on corporate actions as they arise (e.g. rights issues, buy backs, roll overs of convertible notes).