For the past five years, the Hume Partners team has run various diversified portfolios for Peter Scanlon, Taverners Group and the Scanlon Foundation and these have all generated in excess of 10% per annum (pre-tax) compound over this period.
We aim to become your virtual in-house investment team – a trusted source for new investments, a sounding board for ideas, an independent voice on risk and asset allocation, and a filter for assessing new opportunities with diligent groundwork.
We tailor products to our clients’ needs and, where necessary, create new in-house products. It is this ‘bespoke’ approach that ensures clients are fully engaged in the investment process, as well as the end product.
We are completely independent with transparent fees and no conflicts or commissions. Our investment management fee is straight-forward and simply aimed at cost recovery. The Hume performance fee is based on absolute returns so that we are aligned and you only pay on success.
We take a pragmatic approach to identifying compelling investments, tapping into best-in-class managers and allocating funds judiciously with capital preservation a key consideration:
Broad selection of investments
We filter and choose investments from across the investment universe, regardless of asset class. We do not simply stick to known or familiar asset types
We select the best investment managers and remain actively involved in their investment process to ensure they remain on-task. This involves interviewing and back-researching managers, building relationships with key people and participating in decision-making where possible (eg. via investment committee representation). In some cases, we can cherry pick what we regard as the best opportunities unearthed by the investment manager
We are willing to take a significant position in a given investment where warranted. We therefore aim to quickly filter opportunities and undertake considerable groundwork in understanding the investment, assessing the risks and verifying the legal documents and custody arrangements in detail
Working on behalf of a small number of high net worth clients, we have unique access to the best investment banks, stockbrokers, accounting firms, insolvency practices, advisory firms, real estate agents and industry specialists. This is key to unearthing and assessing opportunities, and selecting best-in-class managers
If we can’t find a manager whose offering is exactly as desired or who we don’t feel is sufficiently credentialed, we will look to create that product under the Hume Umbrella eg. Hume Equities, Hume Covered Calls, Hume Property
Macro Level Risk assessments
We assess the risk-return prospects of asset classes at the macro level based on financial and economic analysis. We are willing to make a clear ‘call’ on an asset class that informs our investment recommendations
Diverse Knowledge of investment landscape
Having clarity of the various returns and risks right across the investment landscape gives us a unique ability to compare and contrast the best places to invest on your behalf
With your guidance and our broad platform of investment opportunities we construct either entire portfolios or asset specific products
Our focus is absolute returns (not relative)
Asset preservation is our mantra. All investments are viewed through this prism – what is the risk of losing our client’s money. We ensure your investments are held in the most secure custodial arrangements, typically held directly in your own name
Prior to analysing the upside from any investment we firstly calculate the downside scenarios
Any potential upside is always judged against the associated risk eg. operational, financial, managerial