.svg)
.svg)
Portfolio scope
Purpose
Time horizon
Liquidity
Risk capacity
Behaviour
Allocation
Diversification
Implementation
Review
Decision rules
Give every investment a purpose
Portfolio mandate
Purpose & horizon
Define what the capital is meant to support and when it may need to be available.
Risk capacity & behaviour
Separate financial capacity for loss from behavioural tolerance, liquidity pressure, concentration, and other practical risks.
Allocation & diversification
Structure exposure across different roles and sources of risk rather than relying on the number of holdings alone.
Build a portfolio around goals, risk and time
A portfolio should reflect what your money needs to do. We help connect investment objectives, time horizon, liquidity and tolerance for loss before evaluating allocation, diversification and review decisions.
The foundations of a considered investment strategy
4
Mandate foundations
Purpose, risk, liquidity, and review
Capital role
What must this capital support, and when might it be required?
Review rules
What should trigger a decision?
Constraints
What must remain accessible, and what limits the portfolio’s flexibility?
Risk architecture
Capacity, behaviour, concentration.
Mandate
Define objectives, time horizon, liquidity needs, and constraints.
Framework
Translate the mandate into allocation principles and decision rules.
Structure
Coordinate implementation with the defined framework.
Who it is for
When portfolio strategy can help
This service may suit investors with scattered holdings, concentrated risk or uncertainty about how investments support future spending.
Use a clear framework to assess decisions. Diversification can reduce concentration risk but cannot eliminate losses.
A common mistake
A better approach
Buy what recently performed best
Start with objectives and time horizon
Concentrate capital in a familiar investment
Assess diversification across the whole portfolio
Judge risk only by how comfortable you feel
Consider your capacity to absorb losses
Invest money you may need soon
Match liquidity to spending deadlines
Change strategy with every market headline
Review against agreed portfolio principles
Insights
Investment & Portfolio Insights
Read about diversification, investment risk and the role of different assets in a long-term portfolio.
View all
FAQ
Questions about portfolio strategy and review discipline
The emphasis is on the mandate and decision framework—not market timing, return promises, or a list of products.
What is an investment and portfolio strategy?
It is a framework linking your objectives to risk, time horizon, liquidity, allocation and review decisions. It gives each holding a role within the wider plan.
Can you review investments I already hold?
Existing holdings can be considered within the agreed planning scope, including their purpose, concentration, liquidity and fit with your objectives.
Does diversification guarantee protection from losses?
No. Diversification can reduce dependence on a single asset or exposure, but investments can lose value and market risk remains.
Is portfolio strategy the same as discretionary management?
No. Strategy and planning do not by themselves authorise trading, custody or discretionary management. Available services and responsibilities are set out in the engagement documents.
What must the capital support?
Define what the capital is meant to support and when it may need to be available.
Why distinguish risk capacity from behaviour?
Separate financial capacity for loss from behavioural tolerance, liquidity pressure, concentration, and other practical risks.
What does allocation and diversification address?
Structure exposure across different roles and sources of risk rather than relying on the number of holdings alone.
Why do liquidity and implementation matter?
Keep access needs, implementation constraints, coordination requirements, and review discipline visible before capital is deployed.
What comes first in the governance process?
Define objectives, time horizon, liquidity needs, constraints, and the role of the portfolio within the wider financial plan.
How is the framework designed?
Translate the mandate into allocation principles, diversification dimensions, implementation constraints, and decision rules.
How should the portfolio be implemented?
Coordinate implementation with the defined framework rather than changing direction in response to isolated market narratives.
When should the framework be reviewed?
Review when the mandate, liquidity needs, concentration, goals, or circumstances change—not simply because markets moved.