Discretionary Investment Management
Your PBIM investment manager will take responsibility for the supervision of your portfolio on a day-to-day basis.
It will be constructed to meet your individual requirements and risk tolerance, and every manager is able to use the whole of the market to create your bespoke portfolio. This means that they can source the most suitable investments for you from across the full spectrum of direct equities, bonds, collective investment vehicles and ETFs.
We appreciate that investment needs change and our bespoke approach means that strategies can evolve with your needs, or be altered at short notice to meet any unexpected change in circumstances.
By assessing the risk, return and correlation of asset classes, our asset allocation process aims to invest capital as efficiently as possible to achieve an optimal balance between risk and return. We do this utilising both strategic and tactical asset allocation in order to ensure that we have the right amount of your money invested in the right place at the right time. We utilise research from internal and external strategists and analysts and manage risk by dividing asset classes into three: Equities, Fixed Income and Alternatives.
The Strategic Asset Allocation Committee meets formally on a quarterly basis but recent events have highlighted the need to be more flexible too and whilst the core strategies set the long-term optimal asset allocation, we recognise that from time-to-time markets and investments will move away from fair value. This is when our ability to be flexible and to rapidly implement "tactical" decisions comes to the fore.