It is important to us that clients with similar objectives gain similar results, and that the concept of our investment process is clear and accessible to you.
The allocation of each of the major asset classes is set and varied by the Casterbridge Wealth investment committee, taking into account both the current and future market conditions as well as your attitude to risk. As your investment manager knows you best, they have further discretion over asset allocation and stock selection in order to ensure that your portfolio is suitable for you.
We retain a whole range of stocks that we admire for their business models and skills of execution. Each industrial sector has an accepted way of valuing a company. We look for good companies that are undervalued.
Our approach to stock selection is straightforward and we constantly monitor them based on the following simple investment principles:
• Whether the selected stock is consistent in its business model;
• Is it ‘readily realisable’? Can we sell it if you unexpectedly need the capital?
• If we can’t describe the asset in one sentence, we don’t buy it.
• Liquidity is a key consideration for any stock selection. In normal markets we need to feel comfortable that the price on the screen is what we can buy or sell that asset for, for all of our clients.