Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a621808

A spotlight on James Brearley's private client performance

by Annabelle Williams on Oct 04, 2012 at 07:00

A spotlight on James Brearley's private client performance

Select UK funds have powered James Brearley’s medium risk portfolios, while an S&P 500 structured product has proved lucrative, says director David Hannis.

Positioning

James Brearley’s balanced portfolio has seen little tweaking over the last year, but exposure to US funds has been trimmed to 7%, while a position in the Aviva Property fund was dropped and the cash moved to bump up HSBC Infrastructure Company exposure from 2.5% to 4.5%.

‘We just saw that there doesn’t seem to be any imminent pick-up in the UK economy, which we feel  is necessary to move UK commercial property values along, and so we like the much more reliable returns offered by an infrastructure play.’

In terms of UK allocation, cash invested in Standard Life’s UK Equity High Income fund was been moved into the Trojan Income fund, on the back of the latter’s long-term performance. 

Performance

The balanced portfolio has returned 11.9% over 12 months to 31 August, compared to 9.6% in the FTSE Apcims Balanced benchmark.

Hannis has seen success from a range accrual structured product based on the S&P 500 built by Barclays Capital.  

‘Because the product was issued at a time when market volatility was high and was there was concern about some of the banks, that 11.6% was an extremely attractive rate of return,’ he explained.

‘So you are not really taking market risk, the markets can move sideways and you are still getting something akin to upside.’

Sign in / register to view full article on one page

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Long time coming: is the recovery here to stay?


Ian McVeigh and Steve Davies, managers of Jupiter's UK Growth fund, talk about their predictions for the UK equity space. Click here to watch a series of sponsored interviews with Jupiter's fund managers on the UK equity market.

Today's top headlines

More about this:

Look up the funds

  • Aviva Investors Property Trust Inc
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Standard Life UK Equity High Income 1-Life
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Trojan Income O Acc
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • M&G Global Basics C Euro Acc
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Cazenove UK Opportunities B Acc
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them

Look up the investment trusts

Look up the fund managers

  • Nigel Thomas
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • John Wood
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them

More from us

Archive

On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet