Managing your investments
- Investment ProcessThe Rathbone Investment Process seeks to draw together the combined expertise of Rathbones’ investment managers across both its discretionary fund management operations and its award-winning unit trust operation.
There are two parts of our Investment Process: asset allocation and investment selection.
Asset allocation - The strategic asset allocation committee is drawn widely from around the group and meets on a quarterly basis. Model portfolios constructed by the committee aim to produce an effective risk-adjusted combination of asset classes taking a three to five year view. In addition to a strategic asset allocation capability, a separate tactical asset allocation committee constructs models which provide guidance for managers with more traditional mandates incorporating bonds, equities and cash, and which have a bias towards growth, income or a balance.
Investment selection - Rathbones' independence allows us to select the best investments available in each asset class across all markets without any conflicts of interest. The selection process is tailored to the particular characteristics of each asset class and we look at: fixed interest stocks and bonds; equities; alternative assets - including fund of hedge funds, structured products and private equity; property; commodities; collectives - both open and closed ended, on and offshore; and cash.
To support this approach, Rathbone Investment Management produces in-house strategic and tactical asset allocation models for its investment managers to assist them in constructing portfolios suitable for individual clients.
Recommended lists are also produced in order to help our investment managers select individual holdings.
However, it is recognised that our clients' circumstances differ and so our Investment Process gives sufficient flexibility to investment managers to create a portfolio designed to meet their clients' specific needs, making the final asset allocation decisions as well as investment selection.
Internal performance monitoring and risk control processes ensure that the appropriate quality of service and fulfilment of client objectives are achieved.
