Totality Asset Management


The primary aim of Totality Asset Management (TAM) is preserving and growing the wealth of investors. TAM is an investment management boutique specialising in the management of multi asset funds and portfolios. With many years of financial market experience between them, the firm has a highly experienced investment team drawing upon a very diverse set of backgrounds and skills, including experience at investment banks, large corporate pension schemes, hedge funds and private client investment firms. TAM has developed and manages a number of multi asset solutions, including collective investment funds as well as active and passive discretionary managed portfolios, for a range of clients in the UK and around the world.

The fund management team at TAM believe that investment markets are inefficient and that value can be added through asset allocating across multiple asset classes and carefully selecting investment strategies that they consider to have the ability to perform well over time. They feel that true multi asset management should involve a wide range of investment tools that can be used as and when the appropriate market opportunities arise. TAM’s expertise comes from the ability to understand the relationships between multiple different asset classes and combine them together to effectively build a diversified portfolio that suitably balances risk and the potential for return.


The TAM Passive+ Portfolios


The TAM Passive+ Portfolios consist of a range of actively asset allocated investment portfolios designed to suit a wide variety of clients and risk appetites. Investment in a TAM Passive+ portfolio can provide access to a carefully researched blend of differing investments which typically includes around 15 underlying holdings, which in turn may provide exposure to hundreds of individual investment ideas and themes, through the use of pooled and collective investments.

 

These solutions have been deliberately established to follow a modern and efficient structure that provides liquid, highly diversified, daily managed and globally focused portfolios. These portfolios are scalable and allow the provision of a clear and transparent charging structure. TAM believes that these portfolios offer an efficient, innovative, well resourced, true global multi asset investment solution.


The Innovative Structure of the TAM Passive+ Portfolios


The TAM Passive+ portfolios predominantly focus on ‘passive’ investment strategies that look to track the performance of their respective underlying indices such as the FTSE All Share Index in the UK or the S&P 500 Index in the US.  This gives the portfolio exposure to a wide range of investment opportunities across the globe for a very attractive cost. In certain assets classes such as commercial property or absolute return strategies, passive solutions are not appropriate, and in these areas the strategies may use actively managed funds that are carefully selected to balance the risk and reward with overall cost.


Investment Process


The key to any investment process is one that is structured to be robust and repeatable across all market conditions and parts of the economic cycle.

We have a repeatable and disciplined multi-layered investment process that has been designed to extract the maximum value from each of the key decisions that the fund management team make. 

 

Undertake economic and market analysis to determine the most attractive assets on a risk/reward basis.

Select the most appropriate investment strategy.

i.e passive
or active approach.

Construct optimal and diverse portfolio to maximise the return for the level of risk taken.

Monitor all positions on an ongoing
basis to ensure
they perform in
line with expectation

 

Asset Classes


There are 4 main types of asset classes, importantly they all carry an element of risk.

 
 
 
 

This includes deposits with banks and building societies; investments backed by Financial Services Compensation Scheme (FSCS). With a historic all time low in interest rates, inflationary risk and savings interest taxed at your marginal rate, you will find that many cash accounts are actually making you a loss. Having cash accounts are key to financial planning and a necessity for easy access.

 

Bonds are loans to specified entities that are paid back at a certain date in the future after a series of annual or semi-annual interest payments. UK government bonds, called Gilts, are almost certain to be repaid on schedule but that does not stop the price from fluctuating as investors weigh the attractiveness of those payments against all other potential investments. Corporate Bonds represent loans to companies so typically present a greater risk of non repayment than government bonds. They are also less liquid than Government Bonds so are considered riskier.

 

Investing in Property can include direct investments in UK Residential Property, UK Commercial Property or investments in property abroad. Returns come from both rent and capital appreciation/depreciation but there are costs of ownership too, with rates, maintenance and management costs to pay for plus the risk that tenants may not pay their rent or that properties may be left vacant at the end of a tenancy.

 

Sometimes referred to as “stocks” or “shares”, equities represent an ownership interest in a company. Equity returns are influenced by the perceived profitability of the company’s future investment opportunities and, inevitably, how the risk/return characteristics of those prospects are ranked by market participants relative to all other possible investments. Given the uncertainty of future cash flows, market sentiment has a greater impact on the price of equities than on most other asset classes.

 

After reading the above you may be wondering where is the best place to put your money. The facts are that there is an element of risk with all asset classes. The simple answer is diversification. Diversification helps eliminate the negatives of the other asset classes and therefore helps maximise growth. In essence don’t put all your eggs in one basket.

 

*Note:  Entire sample. Source: Centre for Research into Security Prices (CRSP) provided. US asset return data for the past 13 years, Barclay Research. Gaps are where no data was available. You need a positive (more than 0%) to beat inflation. Bid to bid total return basis with income re-invested. Past performance data should not be taken as a guide to future returns