Fairbairn Private Bank shortlisted in 2010 PAM awards
The Fairbairn Private Bank discretionary investment management
service was shortlisted for the category 'Investment Performance -
Growth Portfolio' in the 2010 PAM Awards* after being entered for
the first time.
Fairbairn Private Bank was one of four firms shortlisted for the
Investment Performance - Growth Portfolio award, for which an
institution must prove it has consistently delivered the best total
annual investment returns for clients for growth investment
mandates.
The bank submitted its high risk strategy portfolio, which seeks
to deliver an annualised return of cash plus 4% over a five to
seven year investment term using an approach which combines
strategic and tactical asset allocation to achieve the target
return, while maintaining volatility as defined by standard
deviation of 14% or above. The portfolio suits clients who are
familiar with investment markets and who wish to achieve higher
levels of return but who are accepting that this comes at the price
of increased volatility and on occasions can lead to partial
illiquidity. A net return of 39.55% since inception illustrates the
portfolio's strong returns. A datasheet is available to
download online.
The claim that 'size isn't everything' appears justified by the
large number of smaller firms entering, and winning, the awards. It
would seem size is no arbiter of success when it comes to providing
top class investment performance and service quality.
To find out more about the bank's discretionary investment
management services, please contact your relationship manager
directly or our client services team on +44 (0) 1624 645000.
* The Private Asset Managers (PAM) Awards are highly regarded in
the UK wealth management sector and the aim is to gather market
data on the relative performance of the leading private asset
management firms, including private banks, fund managers and
stockbrokers. A record 152 entries were received from 51 firms this
year and the 20 firms that made the shortlist were subjected to an
in-depth evaluation by the judging panel, which is made up of the
leading exponents of private client investment manager selection
and performance monitoring.