Our investment solutions are designed to meet clients’ expectations of risk and performance. We select leading managers from across the investment management profession to run these solutions.
However, we also go one step further to help ensure our managers deliver for advisers and their clients. We employ a team of independent experts to scrutinise every aspect of our investment offerings - The Verbatim Independent Investment Committee.
A regular monthly review is undertaken by RSMR to assess the performance of the investment solutions. The criteria considered are the adherence to the asset allocation and volatility parameters of each risk profile and the performance relative to a benchmark for each risk profile.
The Verbatim Investment Committee meets quarterly, as a minimum, to track the progress of our investment solutions, independently evaluating the performance of each manager. The monthly reviews are considered and the important aspects of asset allocation, fund performance and governance are discussed for each fund or portfolio.
Once a year the IC will interview each manager and undertake a thorough and detailed face to face review of the funds or portfolios, gaining insight into the past performance and future intentions of the manager.
The IC can be convened at short notice to discuss any major market events or external factors that may impact the ability of our investment solutions to meet client expectations. Although such instances are extremely rare this ensures that any necessary action is not delayed until the regular quarterly meeting.