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Selection and Review - Hand reaching for apples on a tree

Selection & Review

Charity Trustees

Since the enactment of the Trustee Act 2000, charity trustees have been required to review their professional advisors on a regular basis.

There is no presumption this means a change, but it is incumbent on trustees to record that a process exists and is followed.

Whilst charities have long horizons – often longer than individual investors – they still need to validate their objectives, review needs and confirm that they are achieving the best for the funds they oversee.

At each step trustees remain at the centre of decision-making. BeesonMaisey work with you by providing detailed analysis and information to enable informed judgments and decisions to be taken.

The characteristics of both charities and private clients are very different from pension funds. Howerver, many investment consultants still adopt the same methodology used for pension funds to arrive at their recommended strategic asset allocation for charities and private clients.

This may not always be the best way forward as, for example, charities in many cases have investment portfolios that will continue in perpetuity.

Furthermore, there may not be the facility to add further funds, which means that apart from enhancing prospects for capital and income growth the only other adjustment that can be made is to implement changes on the liability side.

When asked to quantify their requirements, many trustees of charities will state that their objective is to obtain a high income return and maximum capital growth, both of which should be achieved with minimal risk and low volatility.

Hand reaching for apples on a tree

Charity Trustees

Since the enactment of the Trustee Act 2000, charity trustees have been required to review their professional advisors on a regular basis.

There is no expectation that this means a change, but it is incumbent on trustees to record that a process exists and is followed.

Your Solution

Your Solution

A periodic complete reappraisal can be beneficial to the investor and the investment manager.

The investor has the opportunity to consider new investment opportunities and strategies.

The investment manager gains the certainty that the investment strategy is current for the investor's needs and is well articulated.

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Private Wealth

Private Wealth may be invested through a number of structures ranging from personal portfolios to ISAs and PEPs, self-managed pension plans (SIPPS or SSAS), trusts and investment companies.

Families may wish to establish an overarching strategy for all family assets.

More typically different portfolios will develop different investment strategies reflecting the needs of beneficiaries, current tax treatment and tax planning issues.