But above all else our house view is influenced by the views of those actively participating in the investment market on a daily basis.
We view the investment process in 3 stages:
The long term strategic asset allocation is determined after discussions with the client regarding the long-term objectives of the fund and its degree of aversion to risk. This is especially important for small funds that will not have the resources to create a fully diversified portfolio.
In making tactical asset allocation decisions the fund manger will be led by the 6-monthly strategic review and adjust the long-term weightings within agreed parameters as segments of the market experience short-term deviations from their long run equilibrium values.
