Os002711 cheviot nma_pres1


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Os002711 cheviot nma_pres1

  1. 1. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:22 Page 1 New Model Adviser Conference Cheviot Asset Management - Investment Solutions
  2. 2. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:22 Page 1 Why Us? n Personal Service - Bespoke solutions for all our clients - Individual portfolio manager - Maintain the integrity of the Adviser/Client relationship n Transparency - Complete access to fund manager and portfolios n Liquidity - Daily dealing for subscriptions and redemptions for funds solutions n Performance - Independently verified by ARC n Risk Management - Tailored to your needs - Stress testing by Redington Partners - Emphasis on wealth preservation n Structure - Onshore regulated UCITS III Fund - White Label - Managed Portfolios can be created to suit your clients investment needs cheviot.co.uk | 1
  3. 3. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:22 Page 2 Our Proposal n Work in Partnership n Own branded funds n Bespoke solutions n Managed by Cheviot Investment Team n Onshore Regulated UCITS III Fund - CGT exempt fund - Dividends exempt from UK Corporation Tax - Recent regulatory changes to the tax elected fund rules (TEFs) mean that there is no UK tax liability for the non-UK residents - Cheviot Fees – AMC 0.75% n Example Strategies - Cautious - Strategic - Balanced - Growth - Conservative - Yield cheviot.co.uk | 2
  4. 4. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:22 Page 3 Risk Assessment IFA firm risk profile Figures for 2009 & 2010 cheviot.co.uk | 3
  5. 5. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:22 Page 4 Libero Asset Allocation Libero Strategic Model Libero Cautious Model Libero Balanced Model 16.6% 15.6% 8.53% 10.06% 53.0% 1.66% 8.56% 34.2% 1.37% 3.14% 10.2% 1.49% 5.95% 47.33% 24.4% 20.4% 8.4% 11.91% 3.5% 1.9% 0.9% 7.0% 3.8% Fixed Interest Japan UK Equity Emerging Markets Gilts Convertible Bonds Asia Pacific (ex Japan) North America Bonds Corporate Bonds United Kingdom Emerging Markets Europe (ex UK) Cash UK Equity North America Alternative Investments Japan Alternatives Cash Europe (ex UK) Cash Asia (ex Japan) cheviot.co.uk | 4
  6. 6. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:22 Page 5 Libero Cautious Performance 2011 Source: Financial Express cheviot.co.uk | 5
  7. 7. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:23 Page 6 Benefits to Financial Adviser n Efficiency and time saving for the Financial Adviser as we will do all the research, implementation and management of your clients portfolios n The Financial Adviser has more time to provide an enhanced service to their clients n Regular investment briefings n Flexible pricing structure to fit with Financial Adviser business model n Total expense ratio reduction n RDR compliant n Training/Compliance/Marketing support cheviot.co.uk | 6
  8. 8. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:23 Page 7 Marketability n Ownership of share class * A dedicated share class that is “portable” n Monthly fact sheets can be distributed to existing or potential clients n Design and content can be controlled by the share class owner and can also incorporate news updates e.g. - ISA reminders before April - CGT planning cheviot.co.uk | 7
  9. 9. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:23 Page 8 Summary n Strategic Partnership n Competitive Pricing n Timely Solution n Financially Rewarding cheviot.co.uk | 8
  10. 10. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:23 Page 9 Contacts Cheviot Asset Management 90 Long Acre London WC2E 9RA Dominic Tayler Tel: 020 7438 5610 Email: dominic.tayler@cheviot.co.uk David Miller Tel: 020 7845 5686 Email: david.miller@cheviot.co.uk Nick Lacey Tel: 020 7845 5688 Email: nick.lacey@cheviot.co.uk Mark Ewer Tel: 07880 784 423 Email: mark.ewer@cheviot.co.uk cheviot.co.uk | 9
  11. 11. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:23 Page 10 Cheviot Asset Management n Independent partnership - member firm of the London Stock Exchange - bringing institutional investment standards to private clients n £3.6 billion assets under management raised in five years* n Company transformed in 2006 - Fastest Growing Asset Manager (PAM Awards 2007) - Most Effective New Market Entrant (Spears Awards 2007) - Winner of Best Performance (Daily Telegraph Wealth Management Awards 2008) n Focus exclusively on structuring and managing customised investment portfolios for private clients, trusts, charities and pension funds n 127 staff including partners - average investment experience of partners is 25 years *as at January 2012 cheviot.co.uk | 10
  12. 12. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:23 Page 11 Fund Performance Position by share 1m 3m 6m 12m class rolling 12 Commentary months* Cautious 1.05 2.65 4.81 6.9 4/467 Discovery 1.54 4.7 -0.37 4.53 25/467 5/322 over 3 years. Consistent 1st and 2nd Strategic 0.94 3.98 -3.63 -1.44 177/467 quartile performer Balanced 1.27 4.83 -5.51 *Price Bid-Bid to 09/01/2012 from All Funds Universe and ranked within table – all share classes included Source: Financial Express cheviot.co.uk | 11
  13. 13. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:23 Page 12 Cheviot Models: Return vs Risk (36 months) Return vs Risk (36 months - September 2008 to September 2011) Mean Return (per cent per annum) ◆ 8 ■ ▲ 6 ▲ ● ■ ◆ 4 ▼ 2 0 -2 -4 0.0 0.2 0.4 0.6 0.8 1.0 Risk relative to World Equities ● Sterling Cash ● World Equities ◆ Cheviot Conservative Model ■ Cheviot Balanced Model ▲ Cheviot Growth Model ▼ ARC GBP Cautious PCI Median ◆ ARC GBP Balanced Asset PCI Median ■ ARC GBP Steady Growth PCI Median ▲ ARC GBP Equity Risk PCI Median Source: Asset Risk Consultants Market Intelligence Report 30/09/11 cheviot.co.uk | 12
  14. 14. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:23 Page 13 How To Buy The Funds n Direct via Way Fund Managers: - Way Application Forms can be downloaded at www.elitefa.com or speak to David Williams on 01202 855 856 n Open a Discretionary Account with Cheviot: - Request Cheviot Application Forms from your usual contact at Cheviot or speak to Philip Burbidge on 020 7845 6150 - Clients and advisers benefit from online valuations - Electronic monthly factsheet for clients and advisers - Semi-annual formal valuations n Via a Platform: - If you require the Libero Funds to be listed on any other Platform, please let us know - The funds are eligible for Offshore Bonds, ISAs, SIPPs cheviot.co.uk | 13
  15. 15. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:23 Page 14 Cheviot Asset Management 90 Long Acre Biographies London WC2E 9RA Main: +44 (0) 20 7845 6150 Fax: +44 (0) 20 7845 6155 Alan McIntosh - Chief Investment Officer Alan began his career as a fund manager in 1982 at Scottish Life, followed by Municipal Mutual and BZW Investment Management. He joined Credit Suisse Asset Management in 1994 as UK Market Strategist before moving in 1999 to Laing & Cruickshank Investment Management where he ran the model portfolios and was Senior Equity Strategist. Alan continued in this role at UBS Wealth Management following their acquisition of Laing & Cruickshank in 2004, and was appointed Executive Director. He joined Cheviot Asset Management in 2006 as Chief Investment Officer. David Miller - Investment Director David joined Cheviot Asset Management as a Partner in 2007 where he is a member of the Investment Committee. He writes investment notes on a variety of topics and is a regular on CNBC, Sky, BBC and Reuters TV. He began his career as a stockbroker at Sheppards & Chase in 1980 before moving to Flemings in 1990 where he became a Director, Head of Charities and Chairman of the Asset Allocation and Stock Selection Committee. Following the takeover of Flemings in 2000 he became Managing Director and Head of the UK Private Client Investment Team at JP Morgan Private Bank, before taking over as Chief Executive of the British Isles Investment business at Royal Bank of Canada. He has a degree in Natural Sciences from Pembroke College Cambridge. Dominic Tayler - Investment Director UK SIP Dominic graduated with an LLB (Hons) degree in law from the University of North London. He began his career in investment management at Clerical Medical Investment Group in 1991, before joining Credit Suisse Asset Management in 1993, becoming an Associate Director in 1995. He moved with his team to Laing & Cruickshank Investment Management in 1999 as an Investment Director, where he was responsible for managing private client, charities and offshore portfolios. Following the acquisition of Laing & Cruickshank by UBS in 2004, he was appointed Executive Director. In 2006 Dominic joined Cheviot Asset Management, where he sits on the Management Committee. cheviot.co.uk | 14
  16. 16. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:23 Page 15 Cheviot Asset Management 90 Long Acre Biographies London WC2E 9RA Main: +44 (0) 20 7845 6150 Fax: +44 (0) 20 7845 6155 Mark Ewer - Intermediary Director Having spent 15 years in the Royal Air Force as fast jet aircrew, Mark joined the industry in 1995 as a client facing Financial Planner with Clerical Medical Investment Group. In 1999 Mark was recruited by Tilney Investment Management to introduce their discretionary portfolio management services to the Independent Financial Adviser market in the North of England; he was made a Director of Tilney in 2005. Mark became part of Deutsche Bank Private Wealth Management in 2006 when it acquired the Tilney Group. Mark joined Cheviot Asset Management in March 2011 as an Intermediary Director, specialising in IFA Sales. He holds the Diploma in Financial Planning with the Chartered Insurance Institute. Nick Lacey - Intermediary Manager Following a career playing rugby both in the UK & France Nick moved to Shanghai in 2000 to work for an international financial services group where he worked as an independent consultant managing private client investments. On returning to the UK in 2006 he worked at Barclays Wealth as a Relationship Manager on their International team before moving to Castlestone Management in 2009 as a UK Business Development Adviser. Nick joined Cheviot in May 2011 in order to focus on marketing Cheviot’s investment management services to intermediaries. cheviot.co.uk | 15
  17. 17. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:23 Page 16 Disclaimer This material has been prepared by Cheviot Asset Management which is authorised and regulated by the Financial Services Authority. It is for Professional Advisers only. It has no regard to the specific investment objectives, financial situation or particular needs of any recipient. It is published solely for informational purposes and is not intended to be a complete statement or summary of the securities, risks, markets or developments referred to in the material. Any opinions expressed in this material are subject to change without notice and may differ or be contrary to opinions expressed by other business areas of Cheviot as a result of using different assumptions and criteria. The source of information contained in this material is Cheviot Asset Management unless otherwise stated. January 2012 cheviot.co.uk | 16
  18. 18. OS002711_Cheviot_NMA_Pres[1]_OS002711 11/01/2012 11:23 Page 17 90 Long Acre London WC2E 9RA Telephone +44 (0)20 7845 6150 Facsimile +44 (0)20 7845 6155 DX 37956 KINGSWAY Email info@cheviot.co.uk cheviot.co.uk Cheviot Asset Management Limited is authorised and regulated by the Financial Services Authority and is a member firm of the London Stock Exchange. Registered in England Number 1754391. Registered Office: 90 Long Acre, London WC2E 9RA