Liontrust Assessment of Value Report - Flipbook - Page 11
Our fund managers apply their own distinct investment processes
and market views to the funds and portfolios they manage. We
believe these investment processes are key to delivering strong
long-term performance and effective risk control. Our investment
teams’ processes are robust, scaleable and repeatable and
are documented, which has advantages for Liontrust, the fund
managers and, most importantly, our investors.
Liontrust ensures that appropriate and prudent levels of risk are taken
to meet the investment objective and policy of our funds. Liontrust
has a Portfolio Risk Committee (PRC) to oversee the management of
portfolio risk throughout the business and uses a Risk Management
Process (RMP) to monitor and measure the risk of a fund’s positions
and their contribution to the overall risk profile of a fund.
In general, risk within a fund is controlled and monitored in two ways:
Staying true to a documented process helps to create an in-built risk
control, especially in more challenging environments, by preventing
managers from buying stocks for the wrong reasons.
Documenting an investment process and having it reviewed
internally on a regular basis at Liontrust is an effective discipline.
This prompts fund managers to review all aspects of how they
manage money. This also means you, as an investor in our funds,
know exactly how each team will manage your money.
• the investment process
• predetermined risk controls and limits
Our funds strive to outperform their relevant benchmarks and the
average returns of their respective peer groups over the medium to
long term.
Liontrust Assessment of Value Report - 11