Download Report

ASSET MANAGEMENT
Hanson
Asset
Management
Who We Are
Hanson Asset Management provides
investment management and advisory
services globally to wealthy families, high
net worth individuals and entrepreneurs.
We also service institutions such as pension
funds and charities.
Hanson Asset Management’s predecessor entity was founded by the Hanson
family essentially as a family office before the term became common parlance,
with a mandate that embraced the management of liquid and alternate
investments with a capital preservation bias including real estate investments
and general advisory services. In 2010, Hanson Asset Management was created
to formalise the management and oversight of Hanson Family assets under an
FCA regulated umbrella and at that point we began to formally act for families
and individuals that were in effect members of the extended Hanson Family.
It was not until 2012 that we began to act for third party clients, our mantra
however remains the same: our clients are true partners who receive the same
level of attention and service commitment as the founding family and rank
pari-passu in every respect. Hanson Asset Management is based in London.
02
Hanson
ASSET
MANAGEMENT
LOOKING
AT YOUR
INVESTMENTS
FROM A NEW
PERSPECTIVE
Hanson Asset Management marries
the best of a family office with a global
financial institution.
We offer the high levels of service, transparency and absence of bureaucracy
that are the hallmarks of an excellent family office combining them with the
global reach and intellectual rigour and expertise of a major international
financial institution. For us each client is separate and distinct, as a result we
bring all our expertise and resources to offer tailored solutions to a client’s needs.
03
04
HANSON
ASSET
MANAGEMENT:
Global reach
AND individual
attention
Our Business
Hanson Asset Management’s activities are divided into three core divisions:
Advisory
Including Private
Equity and
Real Estate
Investment
Management
Investment
Consulting
These divisions overlap where it is helpful to our clients to dovetail skills and
resources. We are small, close-knit and flexible with regard to both operating
structure and service model.
05
06
ADVISORY
SERVICES
We offer a broad spectrum of advisory
services to our clients - essentially merchant
banking in the traditional sense of the
phrase and is led by client requirements.
One of our distinguishing features is that in many cases our team has
direct commercial experience of the markets on which our advice is sought.
We are able to couple our own direct experience with access to our extensive
network of industrial families, industry leaders and private equity investors,
permitting the sharing of ideas, business intelligence across industry and
geography, and co-investment opportunities.
At the core of our Advisory Services is assisting clients seeking to make
direct investments. We can provide our clients with sourcing, execution
and management capability across a range of investments. These include
co-investments in a ‘club’ deal or special situation or the acquisition of
controlling stakes in companies. We also help clients independently assess
opportunities presented to them by others.
An Advisory service
that stands out
from the crowd
by helping clients
make high quality
direct investments
As with all parts of our business, we pride ourselves on putting clients first.
We are not transaction led and will not advise clients to make an investment
unless it is in their interest, nor do we present clients with ideas that are
irrelevant to their own investment goals and criteria.
Private Equity and Control Acquisitions
We work with our clients to acquire majority in companies or other forms of
control, providing assessment of the investment opportunity, due-diligence
and execution, and in some instances, on-going management or monitoring
of the investment. We work on situations that are client identified as well
sourcing targets ourselves.
Club Deals and Special Situations
We see a variety of investment opportunities across all sectors and will frequently
encounter special or distressed situations where there is an opportunity to realise
significant value post investment. One of our particular skills is putting together
suitable consortia of investors, often with complementary experiences and skillsets
for these types of situations. We are involved from origination through execution
and beyond, often investing alongside our partners.
07
04
08
OPENING
DOORS TO NEW
INVESTMENT
opportunities
WITHin OUR
REAL ESTATE
PRACTICE
A central feature of our Advisory business
is our Real Estate Practice. We advise
across the real estate spectrum, assisting
our partners with acquiring, managing,
financing or developing and selling real
estate investments.
Our team has significant transaction and asset management experience and
has transacted over 5bn of real estate transactions worldwide. Our service is
tailored to the needs of the individual client, making sure that our clients’
portfolios have a composition that is right for them and their individual
circumstances. We have recently constructed a defensive yield strategy
involving real estate mezzanine finance and other bespoke means of accessing
returns distinct from traditional ‘buy and hold’. In addition we continue to bid
on a variety of distressed portfolios and commercial and residential property
development opportunities where we believe we have (or can access) the
expertise to tackle and lock-down these complex but often more attractive
investment opportunities.
09
10
INVESTMENT
MANAGEMENT
A core service is managing client
portfolios on a discretionary basis.
We focus on finding the best solution for
client portfolios without the conflicts of
interest created by proprietary products
or commissions on third party products.
Discretionary
Portfolio
Management
tailored
to your
individual needs
We work in a discretionary capacity to provide a comprehensive asset
management service. The core functions include portfolio review and
management, asset allocation at the strategic and tactical level, and best of
breed product selection.
We begin with generating an in-depth understanding of a client’s situation
and formulate an appropriate investment plan in partnership with the client
to meet their objectives. We work very hard to establish a deep rapport with
each client; regular meetings are very much encouraged not only to discuss
portfolios, but also to keep current with our clients’ evolving circumstances
and financial requirements.
Our investment selection process encompasses the identification of economic
and market trends. In formulating a bespoke portfolio our team will analyse
and select the appropriate funds, index trackers, equities, credit instruments,
alternative investments and other securities across geographies. This is combined
with constant monitoring of both market and operational risk within individual
portfolios and across the product range in which we invest to maximise returns
for clients.
11
04
12
Our advisory service team working
together to achieve your goals.
Advisory Portfolio Management
Some of our clients wish to be more involved in the running of their
portfolios and the development and evolution of their investment
strategies. For such clients, Hanson Asset Management offers an Advisory
Portfolio Managed service. Based on a deep understanding of each client’s
objectives and levels of risk, we will identify and communicate investment
ideas to the meet these objectives. No transactions will be executed without
agreement and consent from the client. Our Advisory Portfolio service
also embraces product and manager monitoring, benchmarking, risk
management and reporting.
Execution Only
The Execution-Only Service enables client to retain full control over their
investments by making use of the dealing and custody services on offer.
13
14
OUR INVESTMENT
Philosophy
Hanson Asset Management’s main
objective is to achieve as high a return
as possible for the client’s acceptable
level of risk. Every effort is made to
avoid capital losses by ensuring levels of
risk are closely monitored and managed
on a real-time basis.
For us each client is unique. We see our job as working with the client to
develop investment solutions that address his or her particular personal
concerns, responsibilities and ambitions.
Generating
healthy
returns
on your
investment
for an
acceptable
level of risk
Our overall investment philosophy is based on the following key points
• Preserving capital while generating returns
• Diversification by asset class, geography, product and manager
• Tactical asset allocation based on our analysis of economic trends and
cycles, valuations and market sentiment
• Open architecture and rigorous, fundamental analysis
The investment universe is constantly expanding with new types of
investments becoming available to the private investor. Hanson Asset
Management is able to purchase and manage equities, fixed income,
cash and currencies, collective investments, private equity, hedge funds,
structured products, property and derivatives.
15
16
04
Our business is built on
three core principles:
Independence and Objectivity
OUR SUCCESS
IN ASSET
MANAGEMENT
IS BUILT ON
THREE Core
Principles
We have no tied in-house managed funds or investments. Instead, we focus
on finding for our clients best in class investments that are most suited to their
needs and expectations. We craft our client investment portfolios without
conflict of interest or compromise and ensure our charges are completely
transparent from the outset.
Alignment
The assets of the founding family, our money and that of our clients are all
managed side by side. We make money when our clients are making money
and we treat all of our clients in the same manner.
Intellectual Rigour and Expertise
Our investment team has a rare blend of institutional and private client
disciplines. We also have access to the resources and expertise of leading
global investment firms while retaining the flexibility to investigate niche
opportunities and investments. Uniquely, Hanson Asset Management has
formed an investment consulting practise to provide independent investment
advice, examine portfolio risk, risk mitigation strategies and monitor
investment managers.
17
04
18
INVESTMENT
CONSULTING
Hanson Asset Management has a team of
highly experienced investment consultants
to provide an independent service to our
clients which assesses client and portfolio
risk, examines risk mitigation strategies
and monitors investment managers.
A concern for many families is to ensure that their investments, portfolio
construction and investment manager selection are appropriate for their
particular risk appetite. Yet most investors lack the time and analytic resources
to answer these questions fully. Hanson Investment Consulting combines
vast experience in selecting managers with deep analytical skills to identify
ways to improve the value that current investment holdings or managers are
actually adding.
Hanson
Investment
Consulting (HIC)
provides
independent
solutions
for clients
Taking into account the time horizon, HIC advise and assist with the
implementation of an appropriate investment strategy covering all asset
classes, to ensure that the efficient balance between risk and reward is
achieved. In addition the investment managers employed to manage assets
should be monitored to ensure they continue to manage clients’ capital in
the manner and style they were chosen for.
In undertaking this work we employ sophisticated analysis and modeling
techniques with a qualitative overlay and through an innate understanding
of our clients’ requirements we provide focused advice. Through strategic
portfolio modeling we evaluate the various options, drawing on the best
available research to provide solutions to our clients.
Our family partners and affiliates seek to preserve the value of their assets,
which in many cases, has been accumulated over many years of effort and
achievement. Wealth is difficult to create and easy to lose. A disciplined
approach is therefore essential. In summary, our service is sophisticated yet
simple. We help clients to understand their portfolios better and help them
create individual solutions free from the potential conflicts of interest often
found in large integrated financial services firms.
19
20
HYDE PARK
A4
V
S
N
O
E
R
PL
A
KNIGHTSBRIDGE
A4
CONTACT US
HANSON
ASSET
MANAGEMENT
Tel: 0207 529 3737
Hanson Asset Management Ltd.
8th Floor
One Grosvenor Place
London SW1X 7HJ
UK
www.hansonam.com
This document has been prepared and published by Hanson Asset Management
Limited (HAM) which is authorised and regulated by the Financial Conduct Authority.
It is published solely for information purposes and is not to be construed as a solicitation
or an offer to buy or sell any assets, securities or related financial instruments. It has
no regard to the specific investment objectives, financial situation or particular needs
of any recipient and no personal recommendation is being made. No representation
or warranty, either expressed or implied is provided in relation to the accuracy,
completeness or reliability of the information contained herein nor as to its suitability
for any purpose. Any opinions expressed in this material are subject to change without
notice. HAM is under no obligation to update or keep current the information contained
SLOANE for the exercise of
herein. This document should not be relied upon in substitution
SQUARE
independent judgement or seeking independent advice. Neither HAM nor any of its
Directors, employees or agents accepts any liability for any loss or damage arising out of
the use of all or any part of this document.
E ST
For general enquiries, please contact us at
[email protected]
B319
SLOAN
For further information about our
services, or to arrange a meeting, contact
Edward Collins at:
[email protected]
PONT ST
The value of an investment and the income derived from it can go down as well as up,
it may be affected by exchange rate variations and you may not get back the amount
invested. Past performance is not necessarily a guide to future performance. Individual
taxation circumstances may vary. You should consult your tax adviser if in doubt. This
material is for the sole use of the intended recipient and is for distribution only under
such circumstances as may be permitted by applicable law.
Copyright 2013 Hanson. All rights reserved. HAM specifically prohibits the reproduction
and redistribution of this material and accepts no liability whatsoever for the actions of
third parties in this respect.
Company registration details:
Registered No: 7199183
Registered Office:
One Grosvenor Place, London SW1X 7HJ
Registered in England & Wales
21
C
E
GROSVEN
OR
CR
ES
O
KNIGHTSBRIDGE
NT
CE
GR
A315 KNIGHTSBRIDGE
www.hansonam.com
ASSET management
Hanson Asset Management Ltd is authorised and regulated
by the UK Financial Conduct Authority