THE MANAGEMENT SERVICE

There are many hundreds of firms of fund managers, stock brokers etc who are more than willing to care for your capital – but only on a discretionary basis where they take all the decisions and execute the transactions and, if you are lucky, only tell you about it afterwards

The Regent Portfolio Management Service is proactive and non-discretionary. We put forward suggestions and recommendations but always seek your views and authority before any transaction is made.

a) Agreeing your objectives

Obviously we have to initially agree clear investment objectives together with ascertaining your tax position and whether you require income or capital growth or both; we also need to know how long you intend to maintain the portfolio.

Having agreed your investment objectives and attitude to investment risk we then construct a portfolio recommended mutual funds for your approval. Regular switching of funds or investments can be expensive, thereby eating into overall performance so we try to take a medium term outlook towards funds that are included in the portfolio and tend not to switch investment managers within a particular sector.

b) Maintaining your portfolio

You will receive regular valuations of your portfolio that compares its performance against a benchmark fund. At this time we may also recommend changes as a result of changes in the outlook for investment around the world.

We expect that you will wish to meet us on an agreed basis to discuss the performance of your portfolio and to reappraise its objectives and your immediate needs.

Because our service is non-discretionary all our recommendations must be confirmed by fax, email or in writing before we undertake any changes to the portfolio. On receipt of your instructions we will execute them and arrange for you, and/or any third parties, to receive the appropriate confirmatory evidence.

We do not accept responsibility for the safe custody of clients’ assets nor can we hold client money. Certificates and other documents of title will therefore be sent to clients or Trustees on receipt and we will ask clients to make cheques or transfers payable to the relevant fund manager in respect of investment purchases.