Prescient Wealth Management offers innovative solutions which are independent and focused on “best-in-class”, providing clients with the ability to protect and enhance family wealth globally and across generations.
PWM believes the bulk of portfolio returns are driven by asset allocation and that portfolio management is often focused on capturing upside volatility only. At PWM we also manage downside volatility to ensure that portfolios are constructed and managed according to each client's individual risk profile and return objective.
Our portfolio management approach is a combination of academic theory, evidence-based investing, our own informed market judgement and a clear understanding of our client’s requirements.
The foundation upon which Prescient Wealth Management builds and manages multi-asset portfolios includes:
Global strategic asset allocation is at the heart of our approach, driven by Modern Portfolio Theory.
Life is full of challenges and opportunities, and as global investors the world economy constantly offers both. Controlled tactical asset allocation allows us to protect against or capitalise on these events.
Global Investment Perspective
We consider investment returns available on a global basis and hence we assess portfolio asset class, geographic and currency allocation from a global perspective.
Asset Class Solutions (ACS)
An independent assessment of the best possible exposure to each asset class globally, ensures that investors receive the performance and risk they contract for over meaningful investment periods (5 years and longer).
The Prescient Way
Leverages the award-winning Prescient Investment Management's risk-based asset management team skills to support our investment process.
Plays a key role in achieving targeted market exposures in an efficiently constructed portfolio in a most cost-effective manner. We then focus capital on a set of proven alpha-generating managers, usually in the alternative and real asset management sectors.
Consistent and Disciplined rebalancing
This ensures adherence to the targeted asset allocation parameters, with a positive by-product of this rebalancing being the practice of locking in profits.
In a globalised and volatile economy, managing your wealth can be a daunting task. Accessing global returns requires a systematic, tried and tested investment philosophy.
PWM has created distinct offerings to suit the investment needs of our clients.
Multi-Asset Portfolios (MAP)
PWM offers local and international MAP solutions:
- Multi-Currency access via independent custodian selected by PWM
- Portfolios are diversified globally into eight underlying asset classes with varying correlations
- Investors can select the reporting currency of their portfolio in US dollars or Sterling
- Low brokerage and transaction fees
- Negotiated low fixed annual administration cost (only for Investec Wealth and Management Limited – a FAS approved and regulated entity registered in England)
MAP Local / MAP ZAR
- Offer local investors global diversification
- Portfolios are diversified across currencies with a split between SA and non-SA assets
- Portfolios are diversified into eight underlying asset classes with varying correlations
- The ability for below threshold investments to access portfolios through an endowment administered by Prescient Life
- Low brokerage and transaction fees
PWM offers a range of local multi-manager funds and international multi-manager solutions:
Prescient Wealth Balanced Fund of Funds
The Fund is suitable for investors with a moderate risk profile seeking real growth in capital over time. Investors should have a longer investment time horizon and prefer a combination of different, yet complementary investment managers in one Fund. The portfolio will be positioned according to the manager’s assessment of prevailing investment conditions, adjusting equity, bond, listed property and cash exposure. The Fund is Regulation 28 compliant.
Prescient Wealth Multi-Strategy Fund of Funds
The Fund is suitable for investors with a moderate to high-risk profile and those that have a longer investment time horizon. The Fund will hold a diversified portfolio of local hedge funds, which may include equity long/short, market neutral, macro, fixed-income and cash mandates. The Fund is designed to have a low correlation/beta relative to fixed income and equity markets.
Multi-Manager International Solutions
These portfolios are customised to meet each investors' risk and return profile. They invest in a combination of collective investment schemes providing exposure to equities, bonds, listed property stocks (REITs), alternative funds and cash. The maximum exposure to riskier assets such as equities and property varies depending on the client’s risk profile.
Clients can select to invest according to their own strategy. PWM offers clients direct access to various asset classes in their preferred asset allocation:
- Equity and equity derivative portfolios
- Bond portfolios
- Property syndications
- Absolute return strategy
- Private equity opportunities
The lower the correlation of an asset class to other asset classes, the greater the diversification benefit derived.
Planning your financial wellbeing is daunting. Markets and economies are volatile and setting aside enough time for thorough planning and consideration is near impossible. PWM’s business is spending time on careful planning and finding appropriate solutions for each client.
Our services include:
- Lifestyle objectives
- Retirement Planning
- Estate Planning
- Fiduciary services (with carefully selected partners)
- General advice
We provide simple, bespoke solutions in an advisory and consultative manner using best of breed advice. We have the client’s best interests at heart and deliver exceptional service with confidentiality and trust at the core.
Our solutions start with an extensive understanding of your requirements and an independent review of your current position, leaving you with your personal Wealth Health Plan and a skilled and trusted partner to advise and guide you into the future.
If you would like to have a comprehensive Wealth Health Check or discuss any component of your Wealth Plan, please contact Richard Vine Morris on +27 21 700 5458 or email firstname.lastname@example.org.