Innovation Award Winner
ESG Protection Portfolio – 2020 Moneyfacts Investment Life & Pension Awards
We are delighted to announce that our ACUMEN ESG Protection Portfolio has won the Innovation Award at the Moneyfacts Investment Life & Pension Awards 2020.
The Innovation Award is based on a combination of Financial Advisers’ votes and feedback, and Moneyfacts own independent data and analytics team’s assessment of new products and services launched during the last year.
The Innovation Award covers the full spectrum of investment, retirement and protection products. When considering candidates for the award, the judges consider whether the product or service has the potential to be a “game-changer”, either by offering an exciting new feature or option, or by meeting a new consumer need. Other criteria include ease of understanding and a clear product rationale.
When providing a glimpse into the judges’ comments, Moneyfacts described the victory as follows:
“Despite a challenging period, there have been plenty of interesting new launches and product developments over the last 12 months but one new innovation in particular caught the eye of advisers and the judges – Tavistock Wealth’s ACUMEN ESG Protection Portfolio. The product received plenty of support from advisers who nominated it as the standout new product of the last 12 months.
The judges felt that the protection component, which ensures that clients always get back at least 90% of the highest value ever achieved by the portfolio was particularly appealing given the volatility that clients have been, and continue, to face. The fact that the fund aims to provide investors with long-term capital growth from a multi-asset portfolio comprised of holdings, which adhere to the Fund’s Environmental, Social and Governance (ESG) investment policy means that it also caters for the growing demand from investors that are looking for an investment with an ethical approach. By meeting these key client needs the Tavistock Wealth ACUMEN ESG Protection Portfolio should offer a solution to some really pressing client concerns in the current investment landscape.” – Moneyfacts 2020
Tavistock Wealth launched the ESG Protection Portfolio in 2019 to shield clients from the potentially disastrous consequences of sudden and sustained falls in market values. The portfolio offers investors an alternative, more prudent approach to medium to long term investing, whilst adhering to the Tavistock Wealth ESG investment policy.
Between 1st January and 31st March 2020, the FTSE 100 * equity index fell 24% and a broad basket of UK equities and bonds fell -8%. By contrast, the ESG Protection Portfolio fell by less than 3%. As of the 17th September the FTSE was down approximately -20% with the ESG Portfolio -2.5%. As of 17th September, an investment made in the ACUMEN ESG Protection Portfolio risked a maximum potential loss of only 4.8% of the initial investment, whilst still benefiting from the 90% high watermark guarantee going forward.
The portfolio has provided clients and advisers with peace of mind amid the volatility witnessed across financial markets and we are delighted that this has been recognised by the judging panel at Moneyfacts.
You can find out more about the ACUMEN ESG Protection Portfolio here.
* The ACUMEN ESG Protection Portfolio is globally diversiﬁed and invests across a range of asset classes. The comparison vs the FTSE 100 is for illustrative purposes only and the FTSE 100 should not be considered as a benchmark for the ACUMEN Portfolios.
This investment Blog is published and provided for informational purposes only. The information in the Blog constitutes the author’s own opinions. None of the information contained in the Blog constitutes a recommendation that any particular investment strategy is suitable for any specific person. Source of data: Bloomberg, Tavistock Wealth Limited unless otherwise stated.
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Q3-2021 QUARTERLY PERSPECTIVES
Over the last year the investment team have delivered strong risk-adjusted returns during a period of considerable uncertainty and market volatility.
Tide may be about to turn
The following is an abbreviated version of John Leiper’s article ‘Tide may be about to turn’ for Investment Week magazine. Follow the link and read his views on page 23.
Q2 2021 Quarterly Perspectives
Welcome to the Q2-2021 ‘Quarterly Perspectives’ publication.
Innovation in the ESG Eco System
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Green Finance Summit 2021
Our Portfolio Manager for ESG, James Peel, was recently invited to provide his valuable insights into “Innovating Towards a Greener Future” as part of the London School of Economics Student’s Union Green Finance Society’s video conference: “Green Finance Summit 2021”.
The Great Rotation
In Nothing Is More Powerful Than An Idea Whose Time Has Come, published in November, we introduced the idea of a Great Rotation across US equity markets. As shown in the chart below, this rotation is playing out in textbook fashion with value stocks outperforming growth by about 20% since the end of last year.
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Rise of the Underdog
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Let the Good Times Roll
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Is the Bond Market Smarter than the Stock Market?
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Canary in the Vol-Mine
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Further For Longer
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Emerging Markets: ETF Stream
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Let’s Get Cyclical, Cyclical
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A Speech For The History Books
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Room to Run
Despite the fact the coronavirus has plunged many countries into recession, global equity markets are now back at all-time highs, as measured by the Bloomberg World Exchange Market Capitalisation index.
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A Currency For All Seasons
Having identified, and benefited from, the 7% fall in the value of the US dollar index since late April, we have now turned tactically cautious.
All That Glitters…
The US dollar index, which represents the value of the dollar against a basket of developed market peers, fell through key technical support to its lowest level in 2 years.
This Time It’s Different
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Q3 2020 Quarterly Perspectives
Despite suffering the worst pandemic in over a century, and the sharpest economic contraction since the second world war, global equity and bond markets staged one of the fastest recoveries of all time in Q2.
Commodities Move Higher
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The Bigger They Are, The Harder They Fall
Those stocks that outperformed during the corona crisis are the same ‘winners’ that outperformed before the crisis.
Pivot To ESG
The recovery in US equity prices, from the corona crisis, has been one of the most rapid in history.
The Chinese Tech Structural Growth Story
China’s economy has transitioned, from an industrial export-led model, towards services.
The Commodity Carve-out
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The Return of Inflation
Quantitative easing, or QE, is where a central bank creates money to buy bonds. The goal is to keep interest rates low and to stimulate the economy during periods of economic stress.
The Powell Pivot 2.0
In January 2019 Jerome Powell pivoted from a policy of interest rate increases and balance sheet cuts to interest rate cuts and, later that year, balance sheet expansion.
Don’t Fight The Fed
Over the last decade, the Fed has increasingly resorted to unconventional monetary policy, such as quantitative easing, or QE, to stimulate the economy.
Market Notes 20th May 2020
Flying the global economy into the ground from 35,000 feet will go down as one of the most difficult and controversial decisions in the history of mankind.
The Liquidity Crisis Is Dead. All Hail the Solvency Crisis.
In response to the corona crisis, global central banks have unleashed a tidal wave of liquidity.
The Who, What, How, Where & Why of Investing
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Economy ≠ Markets
One question I get from advisers and clients, more than any other, is why global equity markets have bounced back so far.
From Liquidity To Solvency
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In an unprecedented day in the history of oil trading the price of the front month contract for West Texas Intermediate (WTI) oil fell below zero to -$37.63.
ESG in the Spotlight – Earth Day
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Market Notes 22nd April 2020
The global economy has been plunged into a deep recession as government leaders struggled with the difficult question of how to deal with the COVID-19 coronavirus.
One Currency To Rule Them All
As the world’s reserve currency, the US dollar is the go-to currency. It is used to price assets, complete transactions and as a store of value.
Q2 2020 Quarterly Perspectives
The COVID-19 coronavirus is a demand shock on a global scale where the economy slows to a crawl, but the overhang of debt remains.
The beginning of the end?
The coronavirus has brought economic activity to a virtual stand-still and transformed a strong global economy, with lots of debt, to a weak economy… with lots of debt.
Return-of-capital is as important as the return-on-capital
Last week, we considered the debt story behind the coronavirus. The fear of a large debt overhang, as the economy slows, led to concern that households and companies could start to default on their debt.
Market Notes 23rd March 2020
In the past three weeks, global equity markets have fallen almost as much as in the Financial Crisis of 2007-08.
Market Commentary – March 2020
In the past week, global equity markets have fallen again and yields on developed market government bonds have collapsed even further.
Today, global equity markets have fallen again and yields on developed market government bonds have collapsed even further. In my opinion, there are two diametrically opposed events playing out at the same time.
A Time to Remain Calm
This is a time to remain calm, patient and focused on fundamentals whilst relying on sound risk management practices. Over the last week the number of confirmed cases of COVID-19 has risen to more than 83,000 people across 50 countries.
ESG – Everyone is talking about it!
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Market Commentary – 19th February 2020
2019 was the year in which ESG investing joined the mainstream and became the “new normal”.
ESG in the Spotlight
Environmental, social and governance (ESG), a byword for sustainability, has in recent weeks occupied rarefied real estate on the landing page of several finance industry titans.
Q1 2020 Quarterly Perspectives
Welcome to the Q1-2020 ‘Quarterly Perspectives’ publication, which aims to explain our outlook for financial markets over the rest of the year.
Market Commentary – 11th December 2019
The polls have become notoriously unreliable and nothing can be taken for granted ahead of Thursday’s general election.