Investment Management
Our investment management Service is designed for investors who want a portfolio managed on their behalf.
Investment Management is particularly suited to clients with SIPPs, Trusts and Investment Portfolios in excess of £250,000.
Some of the benefits of our investment management service:
- A designated portfolio manager
- Diversified and flexible portfolio construction that
reflects your circumstances
- Low dealing and management charges
- Nominee and safe custody services
- Annual tax voucher
- Annual Capital Gains Tax statement
Our investment management process
1The first part of our process is to establish your objectives and your attitude to risk; then we can establish an appropriate Asset Allocation Strategy. This is an absolutely vital part of portfolio management. We have developed a number of strategic asset models designed to optimise the proportions allocated to the main asset classes such as Equities, Bonds, Property and Alternatives such as Hedge Funds and Natural Resources.
2The next stage is to look at the most Tax Efficient products to suit your personal circumstances; nobody likes to pay more tax than is necessary. We can look at the full range of products to advise you of the optimum solution.
3Once we have determined the structure of the portfolio we will then select the specific investments, mainly drawn from our approved list of funds. However, other recommendations may include investment trusts, hedge funds, VCTs, structured products, or perhaps zero dividend preference shares. All recommendations will have been carefully researched by our in house team of analysts.
Our timescale is long term and so we will not usually attempt to make market timing decisions. However, in the case of large investments of cash we will normally phase the investments over several months to reduce the risk of unfortunate market timing.
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Discretionary Investment Management
We take all of the decisions. We notify you every time we make a change in your portfolio, together with our reasons as well as the more detailed six monthly reports. There are several benefits of discretionary management, such as:
- Convenience - you do not have to be consulted over decisions
- Speed of response - events move fast in investment markets so it can be
beneficial to take action immediately if there is a change of circumstances
- Cost - our transaction fees are lower for Discretionary Management
- Performance measurement - since we are taking all of the decisions there can be no doubt about who is responsible for performance
- Thematic Portfolios - we offer a number of options of specialist portfolios, such as Absolute Return, Cautious Growth.
Advisory Investment Management
We make specific suggestions but you have the final say over which investments are bought and sold.
This means that you can include your favourite shares or override our recommendations if you wish.
Reports
You will receive reports from us at six monthly intervals and a contract note whenever a transaction is placed.
You can check the portfolio daily on the website and, of course, you can contact your adviser whenever you wish.
Charges
We have designed our charging structure so that it eliminates potential conflicts of interest. It makes no financial difference to us which type of security is held within the portfolios and our transaction fees are designed to provide no incentive for us to trade actively. With this type of structure you can be sure that our motivation is simply a desire to maximise the long term value of your portfolio.
Our standard management fee is 0.5% (+VAT) of the portfolio value levied at six monthly intervals but we rebate against this any 'trail commission' that we receive from unit trusts and OEICs (most of these funds pay us 0.5% per annum out of their annual management fees). These rates are negotiable for portfolios in excess of £1 million.
Transactions are charged at our 'Execution only' rates for Discretionary portfolios and on the Advisory rate for Advisory Managed.
Custody
All investments will be held in the name of Pershing Keen Nominees Ltd unless it is more cost effective to use the Cofunds or Fidelity fund supermarkets.
Pershing is a subsidiary of the Bank of New York.
Contact Investment Management
Please contact Julian Hall if you would like to discuss your individual requirements and objectives.
Call 020 7189 9901 or email
julian.hall@bestinvest.co.uk