CP Volume 1, Issue 1
Saltus Partners LLP is a London-based FSA-regulated fund man-agement company specialising inabsolute return investment man-agement services to institutions,professional trustees, privatewealth managers, select advisers& wealthy families.Smart but prudent investing isnot simply about where the high-est returns can be achieved. Thisis why Saltus talk in terms ofoptimising risk-adjusted returns.This simply means identifying thesweet spot where they can se-cure consistent returns which arebetter than the long term returnfrom equities, but with much lessvolatility or risk.They believe that diversifyinginvestments across asset classesis one important step in managingrisk. Traditional investment port-folios for wealthy investors havetypically been confined to a blendof equities, bonds and cash. Sal-tus invest in traditional and alter-native asset classes based ontheir individual merits, withoutthe constraints imposed by spe-cific benchmarks.
Saltus‘ funds provide institutions
and private wealth managers with
access to some of the world‘s
best performing managers andinvestment opportunities.Saltus has constructed a range offunds each of which has either aglobal single asset class focus,such as private equity and realestate, or a multi-asset classfocus which holds acarefully structuredand managed range ofasset classes.Graham Gardner hasbeen looking for fundsthat are structured toprovide the investorliquidity even in assetclasses which typicallyrequire funds to becommitted for longertime periods, with Taxefficiency also opti-mised so that tax pay-ing investors benefit from en-hanced net returns.He found this with The SaltusMulti Asset Class Fund, which isas close as you will get to Discre-tionary Fund Management withoutany extra cost.The Saltus Multi Asset ClassFund is an absolute return orien-tated multi-manager fund whichseeks to return UK Libor +3% on arolling 12-month basis.Asset allocation is not dictated byan arbitrary benchmark, but ismanaged dynamically based on theindividual merits ofeach asset class. Thefund invests in tradi-tional asset classessuch as equities andbonds, as well as alter-native asset classessuch as private equity,global real estate, andhedge funds.The fund seeks out thebest manager talentwithin each asset classto achieve its objectiveof producing consistentreturns for the lowestpossible amount of risk.Some of our clients have alreadytransferred their investments toThe Saltus Multi Asset ClassFund, and should you also wish tobenefit from this product, besure to call us on 01424 772444to request further information.ISA - up to £3,600 in cash, andthe remainder in stocks andshares, or the entire amount instocks and shares.If you're under 50, you'll have towait until next tax year(commencing 6 April 2010) to takeadvantage of the extended limits.Any savings or invest-ments must be madeby 5 April, the end ofthe tax year. Cru-cially, unused allow-ances (or portions ofthem) don't rollover;they are lost forgood. This means anISA should always beDid you know that from October2009 the ISA allowance for over50s increased to £10,200, £5,100of which can be saved into a cashISA.Just to recap and for those cli-
ents new to ISA‘s......ISA allow-
ances let each adult in the UKinvest up to £7,200 per tax yearinto the tax effi-cient ISA thatshields invest-ments againstincome tax andcapital gains tax.This can be in theform of a cashISA and/or astocks and sharesthe first place any savings go, asafter the tax year ends, anysavings or investments stay withinthe tax-free ISA wrapper forthe future, where they'll continueto earn interest.Be sure to make the most of thistax savings benefit by calling01424 772444 and requestingfurther information, before theend of this tax year 05 April2010.
Saltus‘ funds provide
institutions and privatewealth managers with access
to some of the world‘s best
performing managers andinvestment opportunities.
NEW ISA LIMIT FOR OVER 50s
Caption describing pic-ture or graphic.
Saltus Partners LLP
Keep your invest-ments safe