Fixed Mandate Managed Accounts

This strategy aims to generate premium returns over full market cycles and protect the purchasing power and principal of the portfolio while providing high levels of current income through the purchase of attractively valued, higher-yielding equities.

This portfolio invests only US Dollar-denominated equities that typically have:

• Regular dividend payment
• Large market capitalisation (over $1b)
• Dividend yield above S&P 500 average
• Consistent cash flows to cover dividend payments

The portfolio will typically hold between 25 to 35 stocks, although this may fluctuate depending on market conditions.

Our investment team takes long‐only positions in higher dividend‐paying stocks across the world’s major equity markets which typically yield 50% or more than the average stock and with superior dividend growth characteristics.

These products span the yield curve and incorporate the expertise of the various sector and sub-sector specialists. Each client’s guidelines are tailored to reflect their investment needs with respect to currency, interest rate exposure, sector allocation and credit quality.

Our disciplined investment process adds value through:

• Controlling portfolio duration within a narrow band relative to a benchmark index,
• Relative value sector/sub-sector rotation and security selection,
• Rigorous quantitative analysis of the valuation of each security and the portfolio as a whole,
• Intense credit analysis and review, and
• The judgment of experienced portfolio managers

Portfolio managers work as a team to implement investment themes within the parameters of each client mandate. Our analysts have developed relationships with the world’s top investment banks and dealers to assist in identifying relative value and keep abreast of the ever-changing global economy.

The primary objective of this strategy is to exceed client expectations without incurring unnecessary risk in the process of achieving this goal.

Our team begins by:

1. Working with clients to develop a tailored discretionary equity portfolio with specific geographic, sector and industry mandates designed to meet your specific investment objective.
2. We present each client with a comprehensive investment plan that explains the logic of the asset allocation and investment strategy we’ve developed.