Investment portfolio management A tailored service for private clients, charities and trustees
Contents 1 Our service to you 2 Your requirements 3 The investment universe 4 Our services 6 Our resources 7 Peace of mind 8 Next steps
Our service to you Clients come to Ashcourt Rowan with a variety of past experiences, current needs and concerns, and future ambitions. They entrust their investments to us and expect us to treat them with the same care as we would our own money and to offer them a service that is respectful and professional. Our investment managers, research professionals, and operational teams work together to ensure we do just that. We aim to provide you with the reassurance and peace of mind that comes with knowing your investments are well cared for and are working hard for you. We aim to provide you with the reassurance and peace of mind that comes with knowing your investments are well cared for and are working hard for you. Ashcourt Rowan: Investment portfolio management 1
We aim to be transparent, are happy to explain our decision-making, and provide regular detailed valuations and portfolio breakdowns. Your requirements Whether you need income now or income later, whether you are seeking to add to or draw from the value of your capital, whether you hope to retire soon or never, whether you are a private individual, a charity, a trustee or a corporate investor, we will aim to select the right investments for you. We do this by making sure we get to know you and your needs. This includes assessing your tolerance and approach to investment risk which is different for everyone and affected by a range of factors from family circumstances, current calls on your financial resources, time horizon, total wealth and sources of income, personal experience and personal inclinations. Our risk profiling process aims to take these factors into account and ensure your risk tolerance is reflected in how we manage your investments. Risk may be a particular concern for trustees and we are aware of their fiduciary duties in this respect. We aim to be transparent, are happy to explain our decision-making, and provide regular detailed valuations and portfolio breakdowns. 2
The investment universe No-one can have missed the huge waves of change that have swept across global investment markets in recent years. We continue to sail in uncertain waters. Keeping abreast of both short-term market volatility and long-term changes in investing fundamentals is an increasingly challenging task for investment managers. Portfolios are also more diversified ie invested in a range of different sorts of assets than may have been the case even ten years ago in order to help mitigate risks to the value of your capital and help generate required income levels. Ashcourt Rowan recognised this some time ago and has invested in a central investment team of full-time investment professionals based in the City of London whose job it is to ensure that every equity, bond and fund we invest in has undergone rigorous scrutiny. That process includes hundreds of face-to-face meetings each year with management teams and fund managers, as well as some of the best analytical tools available, including Bloomberg and Morningstar. Time is also spent looking at how the different types of investment are reacting to a range of domestic and even global macroeconomic factors. In an increasingly interconnected world, what happens in China does affect what happens on the UK high street and it certainly affects the UK stock market. As long-term socioeconomic factors change the global landscape, we seek to navigate a course through calmer seas. Every equity, bond and fund we invest in has undergone rigorous scrutiny. Ashcourt Rowan: Investment portfolio management 3
Our services Our investment solutions are based on insight from our high-quality, full-time, in-house research team and guided by a clear and consistent investment process, within a reliable framework of transparent and competitive pricing structures. Bespoke portfolio services For clients who require a more customised offering, our bespoke service provides direct and on-going access to an investment manager, who will manage your portfolio in line with your needs. This personalised service can be particularly useful if you have a very large investment portfolio, significant assets elsewhere, or significant holdings within the portfolio that need to be retained and managed carefully either for capital gains tax reasons or by virtue of a family business holding or significant stock options. Any investment restrictions, such as ethical concerns, can also be taken into account. Your investment manager or financial planner will discuss your investment objectives and attitude to risk with you, recommending the most suitable portfolio. They will be responsible for managing your investments on a day-to-day basis, taking into account capital gains tax considerations and acting as your personal point of contact with Ashcourt Rowan. A bespoke service also allows us to manage your investments across multiple portfolios to maximise tax efficiency across family relationships. 4 Our investment solutions are based on insight from our high-quality, full-time, in-house research team and guided by a clear and consistent investment process, within a reliable framework of transparent and competitive pricing structures. Ashcourt Rowan s bespoke investment managers have access to a broad range of investment opportunities ranging from collectives to alternative and direct equities for greater investment flexibility. The use of direct investments can also help manage total expense ratios. Managed portfolio service The managed portfolio service is a suite of individually managed portfolios that cover a wide spectrum of investment outcomes as defined by the relative level of expected risk vs return. The suite of portfolios uses only collective investment schemes or funds, and is designed to generate an appropriate combination of risk and return that is consistent over time so you can be assured your portfolio always matches your risk profile.
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Our resources We know it is important for our clients to know that behind the scenes we have a team of people and the systems necessary to support a high-quality service. We invest year-on-year in our people, our portfolio administration systems and, importantly, our investment research capability. Ashcourt Rowan is a growing business and one that has publicly set out its stall as seeking to be a market leader, not in terms of size, but in terms of being known for providing high-quality advice, for putting clients interests first, for continuously investing in a strong central investment process and for attracting the highest-quality staff in the industry. In addition to the investment professionals who manage our clients investments and our investment research process, we have drawn in experienced industry professionals in business management, compliance and operations who work tirelessly behind the scenes to ensure we are meeting our clients needs and our regulatory obligations, as well as running a well-managed business that people enjoy working for. 6
Peace of mind Ashcourt Rowan understands that security is a concern for clients entrusting their investments to us. Your investments will be held in custody by our outsourced custodian. Details of how those assets are held and the associated regulations are detailed in our terms of business. Our reputation is extremely important to us. Our asset management businesses are authorised and regulated by the Financial Conduct Authority and are members of the Wealth Management Association (formerly the Association of Private Client Investment Managers and Stockbrokers). Our investment managers are all members or fellows of the Chartered Institute for Securities and Investment. The value of investments, and any income derived from them, can fall as well as rise, and you may not get back what you originally invested. Ashcourt Rowan: Investment portfolio management 7
Next steps If you would like further information on our services, please contact clients@ashcourtrowan.com or call us on 0800 054 6797. Head office Towry House Western Road Bracknell RG12 1TL For details of our offices nationwide please go to www.ashcourtrowan.com. Ashcourt Rowan is a trading name of Ashcourt Rowan Asset Management Limited and UK Portfolio Management Limited which are both authorised and regulated by the Financial Conduct Authority. Ashcourt Rowan Asset Management Limited is also a member of the London Stock Exchange, and is regulated by the Financial Services Board in South Africa. 8 Ashcourt Rowan: Investment portfolio management