T Bailey’s Investment Strategy

by Martin Vaughan on 10 January 2010

As most of you will be aware, it’s always been important to us to try and provide some additional information or an added insight for paraplanners in order to help us all to be as knowledgeable and efficient in our work as possible.

To help with this T Bailey, who have been a supporter of this site for a long time, have agreed to their OBSR ‘A’ rated Growth Fund manager Jason Britton, to run a feature for the next few weeks where readers of the site will be allowed to ask him questions about his fund or how he manages a fund or perhaps fund management in general.

T Bailey have are also going to be running a number of (easy) competitions with prizes so if you would like to win a prize, please enter.

We hope you find this useful so send in as many questions as you would like and we will get Jason to answer as many as possible for you.

Martin

Introduction to Jason Britton

JKB siteJason Britton is the Chief Investment Officer and Fund Manager at T. Bailey.  Jason has worked with the T. Bailey funds since their launch in 1999 and is an Oxford mathematics graduate and ACA with over 15 years’ experience in the financial services industry.  Jason’s main speciality is advanced quantitative analysis to help monitor and assess the ever-increasing universe of investment funds from which T. Bailey can choose when constructing portfolios.

In the coming weeks we will be opening up an ‘Ask Jason’ forum where you will have exclusive access to communicate with Jason and pose any question that you would like to hear his opinion on.  Whether this be his opinion on asset allocation or what the markets will do next, this is your opportunity to interact with T. Bailey’s Chief Investment Officer and Fund Manager so make sure you don’t miss out!

Competition week 1

AMAZON VOUCHER COMPETITION FOR PARAPLANNERS – FOR YOUR CHANCE TO WIN A £25 AMAZON VOUCHER PLEASE ENTER BELOW

Nottingham based T. Bailey explain the investment strategy that works best for them:

For your chance to win a £25 Amazon voucher please read the text carefully below and answer the two questions shown at the end of the article.

Why do we believe in fund of funds?

Our preferred strategy is investing in a portfolio of funds, rather than investing directly in shares, bonds or other securities.

We believe this reduces risk while producing superior long-term returns. Which, of course, is the dream scenario for any investor. It also gives us flexibility and freedom.

In a more traditional model, all of a fund’s money is controlled by only one or two managers. The managers choose which stocks to invest in; but their scope is usually limited to a fairly constrained area or asset class. They can also be prone to invest in a particular style – their personal one or that of their company – which may not be universally appropriate.

But T. Bailey’s multi-manager funds allow our fund managers to put money into a diverse range of asset classes and funds. Eggs, therefore, can reside in a greater number of baskets. And the most apposite management style, as well as the best funds, can be selected.

Fund of funds v. manager of managers.

We’ve expressed our preference for a multi-manager approach to investing, but why did we choose fund of funds rather than manager of managers?

Well, the latter – often run by institutional investment houses – can be unwieldy because of the contracts that have to be put in place. Given the volatility of the market, we’d much prefer the ability to act rapidly and decisively. Fund of funds gives us that ability.

Fund of funds have the added advantage of giving us access to certain investments that are unavailable to retail investors. With a wider choice at our disposal than a direct client would have. And we can make investments more cheaply, too.

These general advantages of fund of funds should be considered in conjunction with T. Bailey’s rather more specific advantage: its skilled investment team. Ever-vigilant, our team aims to calculate the optimum combination of funds that should perform best together.

Competition Questions:

  1. Where are T. Bailey Based:

A: Nottingham

B: Northampton

C: Norwich

  1. What is the preferred investment strategy at T. Bailey

A: Manager of Managers

B: Fund of Funds

C: Direct property investing

To enter please send your name and address along with your answers to both questions by email to martin@theparaplanner.com. We will then forward all the entries on to T Bailey on your behalf.

GOOD LUCK !

By entering this competition, you agree to be bound by the following Terms and Conditions:

  1. No purchase is necessary and only one entry per person, per draw will be allowed.
  2. One prize of a £25 Amazon Voucher, per draw (i.e. four prizes in total) is available to the winner, who will be selected from random from all correct entries received.
  3. No cash substitution will be available.
  4. The competition is open to UK residents aged 18 and over, except employees of T. Bailey Asset Management Ltd, its associates, their families or anyone connected with the competition.
  5. For inclusion into the week 1 draw, entries must be received no later than 15 January 2010.

For inclusion into the week 2 draw, entries must be received no later than 22 January 2010.

For inclusion into the week 3 draw, entries must be received no later than 29 January 2010.

For inclusion into the week 4 draw, entries must be received no later than 5 February 2010.

  1. The four draws (one per each of the above weeks) will be made on 20 February 2010 with the winners being notified immediately and their names published online at www.theparaplanner.com.
  2. The promoter will not accept liability for lost or delayed entries. Proof of entering is not proof of receipt of entry. No correspondence in connection with the competition will be entered into and the decision of T. Bailey Asset Management Ltd is final.
  3. The winners agree to the promoter’s use of their name, address and photograph in relation to the promoter’s publicity material.
  4. The promoter’s contact details are: T. Bailey Asset Management Limited, 64 St. James’s Street, Nottingham, NG1 6FJ.

{ 2 comments… read them below or add one }

Phillip Sanders 11 January 2010 at 13:20

Even I can get the answers right on this!!!!

Peter Smith-Round 12 January 2010 at 13:54

Terracotta?

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