Services Provided
- Discretionary
- Advisory
- Execution
Investment
- Wealth Manager, Investment Manager, Private Bank
- Founded 1742
Pooled Accounts
- Minimum Account £10K
- Assets Under Management £400M
- Number Of Clients 90
Segregated Accounts
- Minimum Account £500K
- Assets Under Management £9B
- Number Of Clients 3000
About Rathbones Investment Management Limited
Charities have entrusted their investments with us for over 100 years, and our dedicated approach has seen Rathbones become one of the leading investment managers for charities and not-for-profit organisations in the UK.
With a team of investment managers working exclusively for charities, we are responsible for £9.15 billion* in funds under management for more than 3,000 charities. Our portfolios range in value from £10,000 to more than £100 million.
At Rathbones, your dedicated investment manager is accountable for every aspect of your charity’s portfolio, tailoring it to align with your goals and principles. And with a team, many of whom are trustees in their own right, they’ll manage it for sustained, long-term growth.
From navigating the complexities of charitable investing to offering timely advice on changes in legislation and regulation, we’ll be there to ensure you can focus on providing a stable future for those who benefit from your work.
Together, we can help you achieve your charitable goals. Please contact [email protected] to find out more and start a conversation.
*As at 31 December 2023
Our Philosophy
Our investment philosophy and process creates a strong yet flexible framework for our investment professionals to share ideas and challenge each other’s views. It’s constantly evolving, and we continue to invest in the resources required to ensure it remains robust.We believe a long-term investment strategy incorporating an asset allocation framework is the key to providing consistent risk-adjusted returns. As a result, strategic and tactical asset allocation decisions are the basis for all portfolios and funds we manage.
We use quantitative and qualitative inputs to guide our strategic asset allocation decisions, combining in-house research and analysis with insights from specialist UK and overseas third-party strategists. This enables us to develop long-term strategic asset allocation positions and tactical and thematic ideas to capture specific opportunities.
Our approach recognises that assets behave differently in different market conditions. By dividing asset classes into three distinct categories through our LED framework (liquidity, equity-type risk and diversifiers) we are better able to control and manage risk.
Our LED investment framework supports a forward-looking approach to strategic asset allocation. It’s a unique way of reducing real risk in investment portfolios. Since 2009, we’ve divided up the various investable asset classes into three distinct categories:
‘Liquidity’ - easily tradable, secure investments such as government bonds, high quality corporate bonds and cash. These should have low levels of volatility, at least in comparison to other asset classes, and should be readily realisable even during periods of market stress. The weighting will, to a material extent, reflect your risk tolerance.
‘Equity Risk’ – assets that can drive growth which are highly correlated with, or sensitive to, the economic cycle and investor sentiment. Investments such as UK and overseas equities plus higher yielding corporate bonds are good examples. These investments should, given their more volatile and risky nature, generate the bulk of the longer-term returns of the portfolio.
‘Diversifiers’ – assets that should in theory be relatively uncorrelated to the economic cycle and aim to generate returns independent of economic and market conditions. This portion should provide further diversification vs. equities and bonds and therefore reduce the portfolio’s overall risk profile.
Key to our approach is ensuring that we combine these different categories of investments (Liquidity, Equity Risk and Diversifiers) to meet a charity’s objectives. Relative weightings will vary as different opportunities or risks arise, or if a charity’s requirements change.