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Read the recent International Adviser article with Matthew Lamb, CEO of PAM explaining why the asset management industry is facing an innovation dilemma.
By Kirsten Hastings (International Adviser) - 13th January 2017   

Will Bartleet, CIO and Portfolio Manager of Pacific Multi-Asset
Buffett’s bet on fees

I spent Sunday morning reading Berkshire Hathaway’s shareholder letter. Berkshire is no ordinary company, and its letter written by CEO Warren Buffett is no ordinary annual report. Its packed with wit and wisdom, covering a wide range of subjects from share buybacks to accounting standards. Remarkably he makes these subjects entertaining, which goes some way to explain why I’ve been reading his annual letters for almost 20 years. 

Our approach to diversifying assets makes us a little different from most other asset managers. That’s because we try to look at the ‘DNA’ that drives a market – something known as ‘factor investing’

How we use ‘factor’ investing in our Multi-Asset portfolios
One of the things that sets our Multi-Asset portfolios apart is our use of ‘factor’ investing when selecting assets. The main reason to hold a variety of asset classes is to make your portfolio more stable. But this idea only holds true if the assets you select are uncorrelated. In other words: asset class returns are independent of each other, thereby reducing a portfolio’s overall risk. 

Will Bartleet, CIO and Portfolio Manager of Pacific Multi-Asset.
British Empire: an undervalued asset

Sometimes investing is simple. Everyone understands that if you can buy something for less than it’s worth you should do well. British Empire adopt this approach in less well researched parts of the market, looking for both undervalued assets, and importantly, underlying assets that will appreciate over time. Their hunting ground is in investment trusts, family controlled holding companies and property companies listed around the world. These give them exposure to a hugely diverse range of investments, including ecommerce businesses, New York real estate, Swedish industrials and German residential property. 

Will Bartleet, CIO and Portfolio Manager of Pacific AM Multi-Asset and Lou Cucciniello, Head of Diversifying Assets explain how their close working relationship allows them to create cost efficient, highly diversified portfolios.

One of the things that sets Pacific Asset Management’s multi-asset portfolios apart is our use of ‘factor’ investing and analysis when selecting assets. 

Will Bartleet, CIO and Portfolio Manager of Pacific Multi-Asset.
The French elections: Between the devil and the deep blue sea? 

2016 was a year of tremendous political upheaval and yet calm markets: the Brexit vote was shrugged off in a few days and Trump’s election result in a couple of hours. How will markets respond to political risks in 2017?