Consilium Investment Committee Yearbook

Evidence is the foundational pillar of a robust investment strategy.

To the greatest extent possible, we utilise evidence when considering risk factor premia, calculating expected returns, building model portfolios, and monitoring and reporting on fund and portfolio returns.

In the short term, investment markets rarely operate in a way that is consistent with long term averages or expectations. Constant media noise, unexpected events, macro-economic issues and geo-political risks all feed into short term investor sentiment and behaviour. And, when the raw investor emotions take over, they often have a disproportionate influence over short term decision making.

When uncertainties are mounting, investors are at greater risk of doing something they might regret if there is no evidence at the core of their investment strategy, or a qualified adviser to help guide them. As the oft-quoted saying goes “If you don’t know where you are going, any road will get you there” and, without evidence acting as a counterbalance to high emotion, investors sometimes decide that doing ‘something’ is justified.

Unfortunately, these are often the moments, in hindsight, that took investors away from their plan and further away from achieving their investment goals.

Over the long term, these uncomfortable moments all fade in importance and investors are left to consider the consequences of the road they ultimately chose to take. Evidence provides both the roadmap and the driving instructions that allow investors to make the best decisions they can in pursuit of their ultimate destination.

To help you keep your clients on track through these volatile times, the CIC continues to produce and deliver a wide range of materials for you to use and share with your clients.

This includes preparing articles and information for inclusion in quarterly client commentaries, quarterly returns analyses, adviser call presentations, enhanced due diligence reports, annually updating the approved products list and contributing to white papers and client focused investment articles.

There is always a focus on the depth of portfolio monitoring and review work that is undertaken by the committee on a quarterly basis. The 2022 CIC Yearbook captures this by including much of the detailed monitoring and enhanced due diligence reporting that was completed on your behalf throughout the year.

If you have clients, prospects or regulators wanting to verify exactly what monitoring and reporting functions were undertaken over the last 12 months on the portfolios you recommend, the CIC Yearbook is an excellent resource.

Our aim is for this CIC Yearbook to give you finger-tip access to the many ways we seek to support your efforts to deliver the highest quality investment advice.

We hope this fourth edition of the CIC Yearbook becomes a convenient resource for you to access this information and becomes a valuable addition to your office library.

Contents

01. Consilium Investment Committee

An overview of Consilium Investment Committee primary functions, current members and schedule of responsibilities.

02.

Quarterly Reports

Regular portfolio benchmarking and monitoring materials, including portfolio returns vs benchmarking analysis, monitoring review, quarterly review, key market movements and economic commentary extract for the quarter.

03. Quarterly Due Diligence

Enhanced due diligence reports.

04. Articles

Investment related articles published during 2022.

Consilium Investment Committee

An overview of Consilium Investment Committee primary functions, current members and schedule of responsibilities