Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

12237

CAM extends range of risk rated model portfolios

RELATED TOPICS​

Discretionary investment manager City Asset Management (CAM) is extending its range of risk rated model portfolios held on platforms from five to six investment options dependent on clients’ investment objectives and attitude to risk.

 
The models have been risk rated by Distribution Technology, which will continue to monitor them on a quarterly basis to ensure they remain within their stated risk buckets.
 
The range of portfolios will be actively managed on a multi-asset basis offering a highly transparent, easy to understand and cost-effective means of accessing City Asset Management’s investment philosophy and expertise. Using these models will allow intermediaries more time to develop relationships with their clients, easing some of the regulatory burden of managing client portfolios themselves. The Model Portfolio Service is available via Elevate, Novia and Ascentric.
 
City Asset Management will be offering six models:
 
Cautious – The investment objective of the cautious model is to aim to provide a real return over a five year rolling period with an emphasis on capital preservation. Investments will be made on a multi-asset basis through a portfolio of collective investment schemes.
 
Income – The investment objective of the income model is to aim to provide a real return over a five year rolling period with an emphasis on natural income. Investments will be made on a multi-asset basis through a portfolio of collective investment schemes.
 
Moderate – The investment objective of the moderate model is to aim to provide a real return over a five year rolling period with an emphasis on capital preservation. Investments will be made on a multi-asset basis through a portfolio of collective investment schemes.
 
Balanced – The investment objective of the balanced model is to aim to provide a real return over a five year rolling period with an emphasis on providing capital appreciation. Investments will be made on a multi-asset basis through a portfolio of collective investment schemes.
 
Growth – The investment objective of the growth model is to aim to outperform the FTSE APCIMS Stock Market Growth Index over a five year rolling period. This index has an equity weighting of up to 80 per cent and therefore this portfolio is likely to have a high allocation to equities although investments will be made on a multi-asset basis through a portfolio of collective investment schemes.
 
Adventurous – The investment objective of the adventurous model is to aim to provide a return in excess of the FTSE All – World Index. This index has an equity weighting of 100 per cent and therefore this portfolio is only suitable for longer term investors with a high tolerance for volatility and risk. Investments will be made within global, regional and single country equity funds.
 
Helen Angove, City Asset Management business development director, says: “Continued global insecurity, increasing regulation and volatile market conditions are focusing advisers’ attention on outsourcing to discretionary investment managers. We have worked with financial advisers for many years now, and developed an innovative solution in conjunction with them, building risk rated models that cater specifically for the needs of their clients via platforms. The models are monitored by Distribution Technology on an ongoing quarterly basis to ensure they remain within their stated risk profile, which gives advisers peace of mind.
 
“Intermediaries will continue to maintain control of their clients assets held via these platforms and therefore will continue to remain the focal point of contact for their clients. However, we will be actively managing the portfolios, dealing when necessary and rebalancing monthly and providing regular manager commentaries to ensure intermediaries are kept fully informed. In the continuing uncertain and volatile markets, these updates prove an invaluable tool when explaining any changes in asset allocation.” 

Latest News

New research from Carne Group reveals fund managers expect alternative asset classes to see the..
Brown Brothers Harriman & Co has expanded its relationship with AllianceBernstein (AB), by adding to..
The trading and investment platform eToro has extended its proxy voting feature to all stocks..

Related Articles

The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by