Process

Our investment process is a continuous exercise which is based on MAIA's initial strategic asset allocation.

We continually monitor funds' asset allocations relative to benchmarks and ongoing review of fund selections. Whilst we believe in active management, our primary concern is to aim to identify funds capable of maintaining consistent results over the longer term.

Strategic Asset Allocation

  • An appropriate strategic asset allocation is constructed for each investment objective combining assets to meet the appropriate return objective within acceptable risk parameters.
  • Our process is based on past performance and expected future performance of each asset class based on long term economic conditions.
  • Volatility is also considered when blending the asset classes.
  • This asset allocation forms our default position which is adopted when markets are behaving consistently with long term expectations.
  • Our Investment Strategy Unit is responsible for setting the Strategic Asset Allocation.

Strategic Asset Allocation

  • An appropriate strategic asset allocation is constructed for each investment objective combining assets to meet the appropriate return objective within acceptable risk parameters.
  • Our process is based on past performance and expected future performance of each asset class based on long term economic conditions.
  • Volatility is also considered when blending the asset classes.
  • This asset allocation forms our default position which is adopted when markets are behaving consistently with long term expectations.
  • Our Investment Strategy Unit is responsible for setting the Strategic Asset Allocation.

Tactical Asset Allocation

  • Our tactical asset allocation incorporates our views of the current and expected economic conditions and is used to adjust the strategic asset allocation as appropriate. The Investment Strategy Unit debate likely market conditions and apply these views to adjust the strategic position accordingly.
  • The tactical asset allocation incorporates an acceptable range within defined control parameters for each asset class.

Quantitative Screening

Cumulative and discreet periods of performance are monitored, and risk statistics incorporated, to rank funds for monitoring and selection purposes. Our proprietary quantitative analysis has been developed by the MAIA Asset Management research team.

Qualitative Questionnaire

Our proprietary questionnaire builds an in depth background knowledge of a fund, identifying key attributes such as whether the fund is managed by a team or individual, the investment experience of the manager, the style of the fund and market cap exposure. This provides a good basis to prepare for fund manager meetings.

Qualitative Meeting

This enables us to reinforce our knowledge of the fund managers style, reiterate the investment process, asset the fund managers capability, and understand the fund team's resources. A large proportion of the team's research is undertaken prior to meeting fund managers in order to get the maximum benefit from the fund manager interviews. Factors such as the investment process and what have been the key drivers of performance will have been analysed and this then allows the team to focus on the fund managers general views about the asset class in which they are invested and how they see the outlook of these assets.

Style and Risk Analysis

We focus on three key factors, where the money is invested, where the risks are being taken and where the returns are being achieved.

Fund Selection and Blending

Our in depth knowledge of funds enables us to combine different funds to reflect our desired tactical asset allocation, ensuring we are expressing our views without suffering duplication or cancelling out of the factors that we have selected.

Portfolio Monitoring

Once our portfolios are populated with multi-asset funds we continually monitor all of the funds selected to ensure they perform as expected and make relevant changes if they do not. This a process which is constantly carried out to ensure optimal performance of our portfolios.

Our portfolios

MAIA offers a choice of five managed portfolio options, each designed to offer a core solution for IFAs and their clients.

To discuss more about our process,
please get in touch with one of our partners.