Rathbones

Who we are

Rathbone Investment Management Limited (‘RIM’) and Rathbone Investment Management International Limited (‘RIMI’) have considerable experience delivering specialist, regulated, investment services onshore and offshore. Through these and other subsidiaries, the Rathbones Group is one of Europe’s leading providers of investment management services for private clients, charities, pensions and professional advisers.

 

Rathbones Group Plc enjoys the stability afforded by a FTSE250 listing with significant scale and funds under management and administration of over £68.2 billion as at 31st December 2021. Over 330 investment professionals are employed in the fourteen offices of RIM in the UK and the office of RIMI in Jersey. Our award-winning success and reputation is built on the simple, but increasingly rare, commitment to superior client service as well as state-of-the-art administrative systems.

 

Other entities within the Rathbones Group include Rathbone Unit Trust Managers ('RUTM') and Rathbone Greenbank Investments ('Greenbank').

What we do

For all investment strategies, irrespective of differing risk profiles, our primary aim is to offer real returns to protect our clients’ asset values over the longer term through an integrated portfolio of diversified asset classes, investment strategies and independent investment selections. The conventional view on investment management or portfolio construction places heavy emphasis on returns. However, with our approach, portfolio diversification is built on risk protection, rather than relative and potential returns, and particularly on how different asset classes, instruments and funds behave at points of market stress.


Our forward-looking LED (Liquidity, Equity-type risk and Diversifiers) approach to strategic asset allocation is a unique way of managing real risk in investment portfolios, and provides us with a point of difference over our peers.

Rathbones defines risk as losing money, not underperforming a benchmark; and we define success as meeting our clients' risk and return expectations. We are experts in targeted risk and return mandates; our expertise is delivered through risk-adjusted multi asset and multi strategy portfolios. We have a robust and proven investment process which blends both asset allocation and independent investment selection. Driven by a blend of quantitative and qualitative analysis we target client-specific objectives using an unconstrained approach. For us, asset allocation is not simply pulling together assets under their equities, fixed interest, alternatives and cash categories in order to deliver relative returns.


Our approach to asset allocation is instead about managing the risk that comes with different assets and using the liquidity of assets to meet the client’s cash flow requirements and avoiding forced selling. Our internal performance monitoring and risk control processes ensure that the quality of service and fulfilment of client objectives can be achieved.




Rathbone Investment Management Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Rathbone Investment Management International Limited is regulated by the Jersey Financial Services Commission in the conduct of Investment Business.

Rathbone Unit Trust Management Limited is authorised and regulated by the Financial Conduct Authority.


For further information, please visit our website www.rathbones.com

Strategies

Discretionary Investment Service £

Multi Asset Bespoke

We use our extensive investment expertise to build and manage bespoke discretionary portfolios for our clients. We agree with them a chosen strategy from a range of six risk-rated portfolios, which serve as a useful way to illustrate and measure our investment framework and process. A client’s agreed strategy will be the one that most closely matches their circumstances and financial objectives, as well as their appetite and capacity for risk.


However, these portfolios don’t suit everyone, and we can manage portfolios according to a client’s individual situation and financial objectives. For these clients, we can manage their portfolios in a disciplined way, but not one that follows a uniform or prescribed approach. If a client prefers that their portfolio follows a distinct investment strategy, or to be invested in a particular way, then we can accommodate this, providing doing so is suitable for the client. We agree the guidelines within which we will operate, how much risk the client is prepared to take, and an appropriate benchmark against which to compare our performance. We construct the right portfolios for our clients, based on their individual circumstances and needs.


The six risk-rated portfolios are available in Sterling, US dollar and Euro.

MANDATES

  • Risk Level 1 - Lower Risk • low

    This strategy aims to generate a return over time (3-5 years) of cash +1%, with typical fluctuations in value of 20-30% of global equity market volatility.

  • Risk Level 2 - Relatively Low Risk • low

    This strategy aims to generate a return over time (3-5 years) of cash+2%, with typical fluctuations in value of 30-50% of global equity market volatility.

  • Risk Level 3 - Medium Risk (Lower) • medium

    This strategy aims to generate a return over time (6-10 years) of inflation +2%. The portfolio may include a significant exposure to shares, and we expect typical fluctuations in value of 45-65% of global equity market volatility.

  • Risk Level 4 - Medium Risk (Higher) • medium

    This strategy is similar to the balanced, multi-asset approach adopted by many investors and aims to generate a return over time (6-10 years) of inflation +3%. The portfolio may therefore include a substantial exposure to shares, and we expect typical fluctuations in value of 60-80% of global equity market volatility.

  • Risk Level 5 - Relatively High Risk • high

    This strategy aims to generate a return over time (>10 years) of inflation +4%. The portfolio will likely include a high exposure to shares and may incorporate relatively high-risk investments or be less diversified. We expect typical fluctuations in value of 80-100% of global equity market volatility.

  • Risk Level 6 - Higher Risk • high

    This strategy aims to generate a return over time (>10 years) of inflation +5%. The portfolio will likely include a high exposure to shares and may incorporate high-risk investments or be less diversified. We expect typical fluctuations in value of 90-100% of global equity market volatility.

Multi-Asset Funds £

Multi Asset Fund

MANDATES

  • Total Return Portfolio (Acc) • low

    The objective of the sub-fund is to seek to achieve a total return in excess of 2% above sterling six month LIBOR over a minimum three year period.

  • Strategic Growth Portfolio (Acc) • medium

    The objective of the sub-fund is to seek to achieve a long term total return of between 3% and 5% above the UK Consumer Price Index (UK CPI) over a minimum five year period.