Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Investment Services - Aligning the interest of Supplier and ...

258 views

Published on

  • Be the first to comment

  • Be the first to like this

Investment Services - Aligning the interest of Supplier and ...

  1. 1. Scottish Local Authority Forum 16 June 2006
  2. 2. KING & SHAXSON <ul><li>A privately-owned financial services company </li></ul><ul><li>Range of capabilities in gilt and corporate bond broking, cash and asset management </li></ul><ul><li>Highly flexible and client orientated </li></ul><ul><li>Driven by the needs of the client </li></ul>
  3. 3. KING & SHAXSON <ul><li>Gilts and Bond Broking </li></ul><ul><li>Core team has been in place since the mid 1980s </li></ul><ul><li>Leading dealer in UK Gilts and other cash bonds both fixed and floating rate </li></ul><ul><li>Deals in related money market instruments such as Treasury Bills and Certificates of Deposit </li></ul><ul><li>Client base includes Local Authorities, pension funds, insurance companies, building societies and banks </li></ul>
  4. 4. KING & SHAXSON <ul><li>Bond Broking </li></ul><ul><li>Service tailored to the individual client – an extra pair of hands on your desk </li></ul><ul><li>Fast and efficient execution only service </li></ul><ul><li>Full advisory and discretionary service </li></ul><ul><li>KS does not take principal positions – no conflict of interest </li></ul><ul><li>Reliable and efficient settlements </li></ul>
  5. 5. KING & SHAXSON <ul><li>Cash Management </li></ul><ul><li>Specialises in the investment of cash assets – an often neglected asset class </li></ul><ul><li>Experienced 5 person team focusing only on cash management </li></ul><ul><li>Uses a disciplined investment process </li></ul><ul><li>Makes use of a variety of short term instruments such as Treasury Bills, certificates of deposit, floating rate notes and short gilts. </li></ul><ul><li>The objective is to optimise the return on the client’s portfolio while strictly controlling risk </li></ul>
  6. 6. KING & SHAXSON <ul><li>King & Shaxson Prudential Liquidity Fund </li></ul><ul><li>The Prudential Liquidity Fund (PLF) is designed specifically around the tight Prudential Liquidity framework that building societies work under, as set out by the FSA </li></ul><ul><li>The PLF allows investors to invest in a professionally managed fund, thereby adopting a single investment policy for those funds invested and streamlining the investment process for the fund manager </li></ul><ul><li>Originally designed for building society investment, therefore excludes building societies as an investment counterparty </li></ul><ul><li>The PLF has been rated AAf / S1 by Standard & Poor’s </li></ul><ul><li>The maximum average duration of the PLF is 365 days </li></ul><ul><li>The target return of the PLF is 3 months LIBID plus 25 basis points </li></ul>
  7. 7. KING & SHAXSON <ul><li>Asset Management </li></ul><ul><li>An active specialist investment manager </li></ul><ul><li>Strengths in bonds, cash, UK and Global equities </li></ul><ul><li>Ethical investing a core area for future development </li></ul><ul><li>Stable 9-person team with an average of 18 years experience </li></ul>
  8. 8. KING & SHAXSON <ul><li>Summary </li></ul><ul><li>Capabilities in bond broking, cash management and asset management </li></ul><ul><li>Excellent long term track record </li></ul><ul><li>The flexibility to respond to individual client needs </li></ul><ul><li>Compact teams, capable of responding quickly </li></ul><ul><li>A high level of customer service with strong individual contact </li></ul>
  9. 9. Contacts King & Shaxson Asset Management Limited 6 th Floor, Candlewick House 120 Cannon Street LONDON, EC4N 6AS   Telephone: 020 7426 5950 Fax: 020 7626 1757   Tom McIntosh Chief Investment Officer Email: [email_address]    Denzil Morgan Director of Marketing Email: [email_address] www.kingandshaxson.com King & Shaxson Capital Limited Reg. No. 2863591 a member of the London Stock Exchange and OFEX, King & Shaxson Limited Reg. No. 869780 a member of the London Stock Exchange and King & Shaxson Asset Management Limited Reg. No. 3870667 are authorised and regulated by the Financial Services Authority. Registered Office: 6th Floor, Candlewick House, 120 Cannon Street, London, EC4N 6AS. All companies are registered in England and are part of the PhillipCapital Group.

×