The four solutions cover the breadth of asset classes globally, including equities, fixed income, alternatives, and real assets, and bring the real-time benefits and efficiencies of a unitised structure. This means that our investment team can respond quickly to market events and access a wide array of investment opportunities and styles.
Because Lockhart Asset Management is part of Pacific Asset Management, the investment team is able to draw upon Pacific’s established asset management resources, infrastructure, technology, and global research to ensure all funds are effectively optimised.
Please see below for our range.
The Global Equity Fund’s objective is to deliver a total return through investing in global equities while maintaining a well-diversified exposure. The fund utilises investments within underlying funds, diversified across geographic regions, industry sectors, investment styles and market caps. The investment styles will include active and passive investments.
The fund has no bias to any industry or economic sector or country or region, investing in Regulated Markets globally which may include exposures to Emerging Markets.
Underlying funds with active strategies will be used where the Investment team believes that markets are less efficient or are under-researched and are able to produce returns in excess of those available through investments in a broad-based model index.
This diversification provides an increased ability to perform across a variety of possible/futures outcomes, rather than being single-outcome dependent on an unknowable future.
The Global Fixed Interest Fund’s objective is to deliver a total return through investing in funds that have exposure mainly to investment grade and sub-investment grade bonds. The fund maintains a well-diversified exposure across geographic, regions, industry sectors and investment styles.
The Global Fixed Interest Fund will primarily invest in funds with passive and active investment styles but will also have the ability to invest in direct securities if appropriate. These Direct Investments including, for example, UK gilts could be utilised where the investment team believe such direct investments will be more efficient.
This diversification provides an increased ability to perform across a variety of possible/futures outcomes, rather than being single-outcome dependent on an unknowable future.
The Alternatives and Real Assets Fund’s objective is to deliver a diversified return profile when compared against traditional global equity and global fixed interest markets.
The fund seeks to achieve its objective primarily through investment in underlying funds, including open-ended exchange-traded funds, real estate investment trusts or closed ended funds which provide exposure mainly to alternative and/or real assets worldwide.
The Investment Team regards ‘alternative assets’ and ‘real assets’ as those asset classes which are complementary to traditional global equity and bond investments. This may consist of certain ‘niche’ asset classes or sectors, such as companies or issuers in the real estate or infrastructure sectors or by taking exposure to certain investment strategies which are intended to generate a positive return, even when markets are volatile, flat or falling.
The Multi-Asset Stewardship Fund aims to invest in underlying funds that qualify as Article 8 or Article 9 funds under the Sustainable Finance Disclosure Regulation, which promotes sustainable investments. Article 8 funds promote environmental or social characteristics, while Article 9 funds have a sustainable investment objective. Additionally, the fund seeks investments that meet one or more Sustainable Criteria investment styles defined by the Global Sustainable Investment Alliance (GSIA).
The Investment team will consider underlying funds that meet a single Sustainable Criteria investment style but will prioritise those with multiple styles or significant positive impacts. When choosing between equally attractive options, the manager will favour the fund with the greater positive impact from a sustainability perspective.
The GSIA’s Sustainable Criteria investment styles include factors such as Negative/Exclusionary Screening, which excludes harmful sectors or practices like tobacco or thermal coal, and Positive/Best in Class Screening, which selects investments with superior ESG performance. It also includes Norms Based Screening, which assesses investments against international standards, and ESG Integration, which systematically includes ESG factors in financial analysis. The criteria also encompass Themed Investing, focusing on areas such as clean energy, Impact/Community Investing, targeting social or environmental issues, and Stewardship and Voting, which use shareholder power to influence corporate behaviour according to ESG guidelines.
The Investment Team leverages Pacific Asset Management’s extensive experience and research capabilities in sustainable investments. The Pacific Responsible Investment Committee, led by Chief Sustainability Officer Will Thompson, provides comprehensive monitoring, research, and selection services to ensure robust and responsible investment decisions.
Lockhart Asset Management
74 Wigmore Street, London, W1U 2SQ
T: +44 (0)20 3970 3100
E: [email protected]
Lockhart Asset Management
74 Wigmore Street, London, W1U 2SQ
T: +44 (0)20 3970 3100
E: [email protected]
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