About King & Shaxson Asset Management
King & Shaxson is an FCA authorised and regulated City firm dating back to 1866 and has been owned by Phillip Capital, Singapore, since 2002. Phillip Capital have offices in 17 countries. King & Shaxson Asset Management has been managing ethical portfolios since 2002 and it is our sole focus. We offer both bespoke and model portfolios, managed on a discretionary only basis. The interaction between investment objectives and ethics is very important in our portfolio construction, and our heritage means we have an extensive understanding of this. We strive to provide an exceptional level of service for all clients, committing to long term partnerships, which we consider crucial in order to add real value.
King & Shaxson Asset Management provide a specialist ethical investment service. We do not manage conventional mandates, meaning we have a strong track record in combining investment objectives with ethical objectives.
This approach is based on the thesis that companies who display favourable environmental and social outcomes, alongside stringent governance practices, outperform in the long run. It is important to note we will not compromise on ethical objectives for investment objectives, and vice versa.
We combine a top down (geographical and sector) and bottom up approach (company or fund specific fundamentals) in our investment approach. Whilst we do not favour growth or value, our ethical screen and positive focus tends to lead to a growth bias.
When it comes to collectives used in our model portfolios, we look beyond marketing documentation and conduct a full underlying screen for ethical and investment objectives. This ensures we abide to the ethical screen, which for MPS is laid out in the documentation. Whilst the investment rational for screening allows us to understand the economic exposure in the collectives and not just the geographical country of listing.
Our ethical research combines both a quantitative and qualitative approach. We take the view that it is what the investment does and how it goes about it, which really matters. For the collectives in the model portfolios, this means screening all the underlying holdings so ensure it meets the screening criteria. This is also vital to avoid any “greenwash” that is increasingly apparent.
Our model portfolios will tend to have a more positive ethical profile as we seek to invest into companies that provide solutions to ethical and environmental issues (i.e. have a positive impact) rather than those with just a high ESG score.