Dynamic Asset Allocation

Financial markets are constantly changing, but in the aftermath of the financial crisis we are probably at the beginning of an extended period of heightened uncertainty. In this environment Kaiser Partner builds portfolios that refer to this challenge in becoming more dynamic. Because the successful investment strategies of the past will most likely not be successful in the future.

Stocks and bonds aren’t what they used to be
After 30 years of declining interest rates, we have arrived at almost zero in every major market of the world. At the same time, inflation pressures are building and governments are struggling more and more to deal with the burden of an aging society and huge public debt. The classic safe investments like government bonds will no longer be safe in the future and stock markets will likely suffer from the effects of slowing growth due to demographic changes and increased inflation as well.

A more flexible approach to investing
In this changing environment Kaiser Partner broadens the investment universe of its client portfolios to react on the markets in a more intelligent way. Taking the new market environment into account, we also include real estate, commodities and other asset classes. We also invest in portfolios that usually show more resilience in times of increasing interest rates and inflation. This dynamic asset allocation addresses the need to find new ways to protect the wealth of our clients as new future economic challenges emerge.

Tax-efficient Investing

Tax-efficient investing means more than just tax-compliance. It requires a comprehensive approach to develop investment portfolios in a tax-efficient way from scratch.

Tax-efficient portfolios are often designed to be regular portfolios that are managed on a daily basis with funds and investments that are tax-compliant. However, a truly tax-efficient portfolio needs to be built in a comprehensive approach: Every part of the portfolio should be geared towards tax-efficiency.

At Kaiser Partner, this starts already at the level of asset allocation. Considering tax implications at this early stage of the investment process, clients benefit from an optimized asset allocation on the basis of their associated tax-regime. We then manage these portfolios with clear focus on maximizing the after-tax returns of our portfolios in a transparent and compliant way.

Responsible Investing

Responsibility in Wealth means responsible asset management. First and foremost this means preserving wealth for our clients is our highest priority. We also focus on integrating environmental, social and governance criteria in our investments. This is not only for their own benefit but also for society and the environment on the whole.

Investing along ESG-criteria
We aim to invest 40% of our portfolios in investments that rank highly in terms of economic, social and governance sustainability. We believe that this approach benefits our clients, because it eliminates many risks that may lead to severe losses in a portfolio while it also has a positive impact on our society and the environment. Just as an example: Lawsuits against tobacco companies, oil spills in the Gulf of Mexico or nuclear disasters in Japan prove time and again, that unsustainable investments include risks that cannot be assessed in advance. Avoiding such investments means avoiding unnecessary risks.

Wealth preservation as a top goal
Our guiding principle of Responsibility in Wealth also means preserving wealth after inflation over longer investment horizons. Too many investments are made out of the urge to chase high returns, while at Kaiser Partner we focus on limiting the potential risk of loss of our investment portfolios in times of crisis. Mitigating losses in bad times results in higher average returns over an entire business cycle.

Additional information: Responsible Investing Blog

Advisory Services

For clients who manage their portfolios themselves we offer a range of advisory services to support their investment decisions.

Investment ideas for individual solutions
We offer recommendations across a broad range of investments. They benefit from our analysis of financial markets and our expertise in responsible investments. This unique combination of Kaiser Partner helps advisory clients to manage their portfolios with lower risks.

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Dedicated specialists familiar with our clients’ individual market circumstances
The dedicated market specialists of Kaiser Partner have extensive investment knowledge and insights into the tax regulations and investment requirements of different markets. These regional specialists help our clients in different countries to better assess their investment needs.