First and foremost, it is imperative that we understand our client, and we spend considerable time from the outset gaining a clear understanding of their financial circumstances, income requirements, return aspirations and tolerance of risk. We work with our clients to determine an appropriate level of risk in the portfolio.
Once we have agreed on the return objectives for our clients’ capital and the target level of risk, the next step is to attach their portfolio to one of our risk based strategies. These are designed to meet our clients’ long term strategic objectives.
We understand that there will be moments when it is right to make short-term tactical changes either to take advantage opportunities or to avoid potential threats. We try to understand how other market participants see the world in order to avoid behavioural biases.