Discretionary Portfolio Service

An actively managed portfolio without the need for you to be involved in the day to day management of it.

The Merrion Discretionary Portfolio Service is designed for the investor who does not wish to be actively involved in the day to day decision making process for their investments. An experienced Portfolio Manager will work with you initially to build a portfolio that meets your investment objectives and risk profile. Your Portfolio Manager will always act in your best interests by following your stated objectives and restrictions and report back to you as regularly as you wish.

At the core of this service is our dedicated Portfolio Construction Team who manage our range of Model Portfolios. This skilled and experienced team consists of a Chief Investment Officer, a Risk Manager, numerous fund managers, analysts and support staff. Your dedicated Portfolio Manager works with the Portfolio Construction Team to ensure that your portfolio is structured to meet your objectives.

The Portfolio Construction Team manage a number of discretionary products called Model Portfolios. Your portfolio may consist of a combination of more than one, depending on your personal requirements.

We believe that there are several key differentiators in our discretionary products, which place client objectives at the core of our investment strategies, as we aim to generate superior risk-adjusted returns over the medium-long term.

Active management

Merrion continues to adopt an active approach to managing money for clients and this is represented in each of our strategies which all have active management mandates. We seek to invest in the areas of the market where we see the most attractive opportunities, as opposed to holding the stocks with the largest representation in the various indices. Over time we manage our overall market exposure according to our view of the potential risk and reward inherent in the market at any given time.

Focus on absolute vs. relative return

We seek to generate a positive return for clients regardless of equity market movements. We are not afraid to go against the consensus market view, so if we feel a market or stock is expensive, we may avoid it completely rather than holding it merely because it is widely held.

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Cash management

Our discretionary strategies also actively manage cash holdings within the investment framework and the investment manager has the flexibility to increase cash levels up to 35% in the case of the Global Equity Compounders/Global Equity Income strategies and to 65% in the case of the Global Equity Growth strategy.

Fees & Minimum Investments

There is an Annual Management Fee for this service of 1% + VAT. Commissions are charged at 0.35% per transaction with no minimum charge. The minimum investment amount to open a Discretionary Account is €200,000.