DISCRETIONARY MANDATES

CUSTOMISED ASSET ALLOCATION

  • Phanar’s long-term expectations of asset returns and risks provide a sound basis for forming benchmark portfolios. These expectations are used to define the Phanar efficient frontier.

  • The Phanar efficient frontier is the set of long-term portfolios that are the best attainable long-term combinations of return and risk as per Phanar’s expectations.

  • Investors can choose from among these portfolios to express their return and risk preferences in a sound and disciplined way.

  • Phanar executes its investment strategy by departing from the client’s benchmark and changing the percentages of the portfolio invested in each asset to reflect Phanar’s outlook for the next month.


WHY PHANAR ACTIVE ALLOCATION

  • The three main sources of investment portfolio returns are the investment policy portfolio, active allocation across assets, and security selection.

  • When security return correlations are high as they often are, security selection has little influence on portfolio return.

  • For this reason, there are usually many opportunities to add value via active asset allocation.


Short Risk Warning/Disclaimer: The value of investments, and the income from them, can go down as well as up, and you may not recover the amount of your original investment.
Past performance is not a reliable indicator of future performance. Phanar Asset Management (UK) Limited is Authorised and Regulated by the Financial Conduct Authority (FRN 747254) PRIVACY NOTICE - LEGAL NOTICE