Thursday, 19 November 2015
When researching suitable investments for client portfolios it is important to look deeper than just the fund name, as often this reveals more important information about the brand.
Spicers believe that the financial strength and backing AMP provides is a valuable advantage to both Spicers and the firm’s clients, but guidance from independent global research company Mercer is paramount when selecting fund managers based on merit.
Spicers National Sales Manager, Richard Binner, says that it is especially important since the 2008 global financial crisis to understand the benefit and security of having your money invested by a strong and secure institution.
“We utilise AMP’s expertise where it fits our client needs, and on that note it also follows that AMP Capital has a great reputation for diversification. An example of this is the New Zealand Bond Income Fund which is managed completely by AMP Capital. They have in turn invested in a total of 36 separate securities,” says Richard.
On the point of multi manager funds and international funds, Spicers often don’t include the breadth of managers making investment decisions for the portfolio. This is a very important part of achieving good diversification. So while the name of the fund may say ‘AMP’ there is a lot ‘under the bonnet’.
For example, a portfolio with a multi-manager approach will still be listed as AMP Capital even though they may invest with the following well known fund management companies:
This level of diversification and access to some of the world’s leading fund managers is a very important part of the multi manage process, backed by significant research.
Finally, some of the New Zealand based and global companies that Spicers currently features in the Approved Product List (APL) include:
Fidelity, AMP Capital, Vontobel, Salt, One Path, Hexavest, Aberdeen Asset Management, Fisher, Schroder, Arrowstreet, Perennial Investment Partners, ANZ, Macquarie, Orbis, RARE Infrastructure Ltd, Nikko, Pimco, State Street, Blackrock, Devon, Goldman Sachs, Colchester, Wellington Int., Harbour, Platinum, Morgan Stanley and Cohen & Steers.
For more information on how our APL is put together.
The content on this website is for information only. The information is of a general nature and does not constitute financial advice or other professional advice. Before taking any action, you should always seek financial advice or other professional advice relevant to your personal circumstances. While care has been taken to supply information on this website that is accurate, no entity or person gives any warranty of reliability or accuracy, or accepts any responsibility arising in any way including from any error or omission. A disclosure statement is available from your adviser on request and free of charge.
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