Efficient, low cost portfolio management and an open-architecture investment platform.

 

P1 offer Bespoke portfolios and a Managed Portfolio Service comprising a range of carefully and professionally managed investment portfolios spanning five risk levels and three core objectives. With the client outcome in mind, our investment process combines our strategic and tactical asset allocation with granular portfolio construction and fund selection to add further value. Our portfolios are built around core holdings with satellite tactical investments aiming to take advantage of shorter term themes. You can access our services on leading platforms or soon via the P1 discretionary investment platform.

 

ABOUT US

We’re P1 Investment Management (‘P1’) a technology enabled discretionary management firm committed to helping financial advisers to grow their businesses.

We combine innovative technology in the form of an open-architecture platform with an investment management solution that is both efficient and low-cost – without compromising on performance.

Our focus is on delivering adviser and client-centric solutions. We are part-owned by high-quality adviser firms who are invited to participate in strategic decision making, ensuring our platform and investment management services continue to develop in accordance with the needs of advisers and their clients.

We ‘walk the talk’ in respect of our ethical approach and have achieved the ISO 14001 Certification. This designation demonstrates we meet the standards required for a ‘best practice’ Environmental Management System. It also serves as proof to our clients that we are committed to acting in an environmentally responsible way. The certification includes a wide range of environmental management principles, including environmental audits, measuring performance, communication and environmental challenges.

OUR VALUES

At P1 Investment Management, we always remember that clients have a choice whether or not to use our services and that is why we place our clients at the very heart of our business. Our values reflect this. We believe that only by demonstrating behaviours that are consistent with our values will we reward the loyalty our clients place in us when they invest.

Client focused. We recognise that our reputation as a company relies upon clients being delighted with the service they receive and returns they expect. We always aim to put our clients’ interests above our own.

Honest. We will keep our promises and take responsibility, always acting with integrity. We conduct our business within a strong ethical and compliance framework.

Open. We have transparency in all of our internal and client relationships, sharing knowledge and information with each other. If we make a mistake, we will admit it and strive to make things right. We confront ethical problems immediately.

Innovative. In an industry that is often backward-looking and rooted in the past, we embrace technology where this will improve our clients’ returns, experience and access to information. We are a forward-thinking, 21st century investment manager.

Can-do. We are proud of our ability to achieve success for ourselves and our clients, shunning complexity and working to overcome barriers to deliver the highest standards of service and behaviour.

Empowered. Our staff are trained and capable to make decisions through experience and good judgment, and we encourage them to do so.

We make a commitment by sharing our values with you and hope that you will choose P1 to manage your clients’ investments.

            

P1 are also members of The UK Sustainable Investment and Finance Association (UKSIF) and a signatory to the Carbon Disclosure Project (CDP)

Managed Portfolios. Expertly managed, at an extremely competitive cost.

Our Managed Portfolio Service (MPS) comprises a range of professionally managed investment portfolios, spanning five risk levels and three core objectives. Focusing on the client outcome, we combine strategic and tactical asset allocation with granular portfolio construction and fund selection to add further value. We have a proven track-record and keep our costs low – please see below for the costs relating to each of our investment solutions.

We maintain a panel of researched, approved and monitored investments. Our panel includes a range of potential holdings that can be used in different scenarios and to exploit varying opportunities.

Where we believe that active managers are unable to generate positive net relative returns, we will use passive investments. This removes an element of selection risk from the portfolio in addition to reducing the overall cost. The amount of passives held will vary dependent on asset allocation, availability of appropriate investments and the relevant portfolio objective.

We are also proud to have been awarded the ISO 14001 Certification. This standard demonstrates that we meet the standards required for a ‘best practice’ Environmental Management System. This illustrates our commitment to acting in an environmentally responsible way. It includes a wide range of environmental management principles, including environmental audits, measuring performance, communication and environmental challenges.

JAMES PRIDAY

P1 INVESTMENT MANAGEMENT

We genuinely walk the talk. P1 delivers way more than an ethical portfolio service.

We hold the ISO 14001 Certification, which demonstrates we meet the standards required for a ‘best practice’ Environmental Management System. This proves we are committed to acting in an environmentally responsible way and is further illustrated by our corporate values. We have established a staff committee to explore issues relating to ethics and sustainability within our workplace and have launched initiatives such as Sustainable, Ethical, Engagement and Development (SEED), charitable endeavours, a cycle to work scheme and citizen science. You can find out more about these on our website.

OUR RANGE OF INVESTMENT SOLUTIONS

BESPOKE PORTFOLIOS

Our Bespoke Investment Service (BIS) is for clients who require a more targeted investment solution. They may have more complex requirements, very specific objectives, or a large portfolio requiring additional attention.

With a focus on the client outcome, we select the best strategic and tactical asset allocation. We then choose specific investments from our researched and pre-approved panel of funds to create a bespoke portfolio.

We may look outside of our panel if we feel that specific opportunities exist at the time of investment. Portfolios are monitored on an ongoing basis with investment changes and rebalances undertaken when the investment team deem is appropriate.

The BIS is available on some third party platforms and will be available on our own platform when it launches in 2018. The cost is 0.25% +VAT, with a minimum annual charge of £1,500 +VAT. Client meetings are charged at £200 +VAT per hour, so clients only pay for the service they require.

P1 also offers an Investor Visa Service which is an investment solution that satisfies visa requirements with carefully constructed portfolios tailored to client’s investment goals. The service is currently available through the Transact platform at a price (depending on complexity) of between 0.25% and 0.50% +VAT for account values up to £1m, and 0.1% +VAT thereafter. The minimum annual charge is £2,500 +VAT.

MANAGED PORTFOLIOS

Our Managed Portfolio Service (MPS) includes a range of carefully and professionally managed investment portfolios spanning five risk levels and three core objectives. With the client outcome in mind, our investment process combines our strategic and tactical asset allocation with granular portfolio construction and fund selection to add further value. The portfolios are built around core holdings with satellite tactical investments aiming to take advantage of shorter term themes.

The MPS is currently available on third party investment platforms including Novia, Transact, Aviva, Ascentric, Nucleus, FundsNetwork and 7IM, and will be available on our own platform when it launches in 2018. The service can be added to additional third party platforms depending on adviser demand.

We pride ourselves on our commitment to delivering low-cost solutions and offer our MPS at a price of 0.25% for account values up to £1m, and 0.1% thereafter.

Our nine Hybrid Model Portfolios are spread over 5 risk levels and 3 core objectives; income, growth and a balance of the two. The funds have been independently rated by Dynamic Planner®Download brochure ›

PASSIVE PORTFOLIOS

We have a range of five risk rated passive portfolios that are able to meet the majority of client needs, whilst minimising costs. This has been done by ensuring that both the cost of the underlying investments are kept low alongside a competitive P1 discretionary management charge. In a low return environment, cost is becoming an important factor in determining to absolute return of an investment portfolio.

Portfolios have been constructed with a long term time horizon from the outset, limiting the need for regular intervention. This will minimise transaction fees, as we will simply look to make changes to the portfolio for the purposes of rebalancing or where we feel that the cost of the transaction is outweighed by a saving from an ongoing fee. Quarterly portfolio rebalancing enables us to ensure that the portfolio remains appropriate for the targeted risk level.

Portfolios have been built around core holdings of UK equities, global equities and fixed income alongside alternatives providing an element of diversification. The Strategic Asset Allocation should ensure that the portfolios remain appropriate for the targeted risk level. We will not take views on short term market movements or themes, leaving the natural diversification and rebalancing process to balance the portfolio. The portfolios are not volatility or return targeted.

The service is provided at a price of 0.1%.

ETHICAL PORTFOLIOS

Our ethical and sustainable investing service includes a range of managed portfolios, and a bespoke service for those clients with more specific requirements.

Because we take ethical and sustainable investing extremely seriously at P1, we employ staff with formally recognised qualifications in ethical and sustainable investment. We truly understand the issues and challenges surrounding ethical investment and can demonstrate that our commitment is more than skin-deep. We are also proud to be ISO 14001 accredited.

Our expertise means that we can strive to ensure that we select ethical funds that are meeting the highest possible standards and we can avoid those that merely seek an ethical label for marketing purposes.

Our ethical and sustainable portfolios use a similar robust portfolio construction methodology to our conventional portfolios, combining our ethical and sustainable investing expertise with our strategic and tactical asset allocation views.

The service is currently available on third party investment platforms including Novia, Transact, Ascentric, Nucleus, FundsNetwork and 7IM as well as P1’s own platform solution due to be launched in 2018.

The service is provided at a price of 0.40% for account values up to £1m, and 0.1% thereafter.

Download brochure ›

NEW visa portfolio service for your overseas clients.

Our Tier 1 Investor Visa Portfolio Service is a service for overseas clients seeking an investor visa portfolio under the requirements of the UK Border Agency scheme. P1 Investment Management offer a bespoke portfolio of Home Office compliant securities designed to achieve a successful completion of the visa immigration programme. With the success of a client’s visa application being our top priority we will invest in a portfolio of UK equities and Gilts to match the client’s risk profile.

MEET THE P1 INVESTMENT MANAGEMENT TEAM

Hugo Thorman

Hugo Thorman

Chairman

 

Adrian Margrie

Adrian Margrie

Ops & Investment Analyst

 

Johanna Lilly

Johanna Lilly

Operations Manager

 

James Priday

James Priday

Managing Director

 

Gary Randall

Gary Randall

Finance Director

 

Harry Webster

Harry Webster

Head of Marketing

 

Will Dickson

Will Dickson

Head of Portfolio Management

 

Paul White

Paul White

Compliance Director

 

Gordon Scott

Gordon Scott

Investment Analyst

 

Dr Quintin Rayer

Dr Quintin Rayer

Head of Research

 

Jan Webster

Jan Webster

Senior Project Manager

 

Low cost, open architecture discretionary investment platform

We pride ourselves on the accessibility of our investment services. When you partner with P1 Investment Management you can either use one of the mainstream wrap platforms or will soon be able to use the P1 discretionary management platform. It will be a low-cost, open architecture solution with direct access to our Managed Portfolio Service and Bespoke Investment Service. Alternatively, if you would like to create your own range of managed portfolios the P1 investment team can help. You’ll also benefit from part-ownership and the ability to drive the future direction of the technology.

I was keen to join P1 Investment Management as I believe it is a unique combination of DFM and platform which is owned by adviser firms. That is a proposition which many intermediary firms are seeking right now. I was also taken with James’ drive, enthusiasm and knowledge and his entrepreneurial spirit reminded me how I would like to have seen myself a few years back. I think we have a real winner here and that P1 will succeed in what is a very exciting and dynamic market.

HUGO THORMAN,
CHAIRMAN
P1 INVESTMENT MANAGEMENT

WE WOULD LOVE TO HEAR FROM YOU!

Our team are here to answer any questions you may have about our range of discretionary investment solutions and open architecture investment platform.

Submit an email enquiry via the form below and we’ll respond to your message as soon as we can.