Our investment committee
The in-house team that shapes investment strategy
The Investment Committee (IC) at AFH meet on a regular basis to develop and discuss investment strategy for the group. They ensure that the firm’s investment vision materialises into profit for clients at portfolio level and that risk is always monitored and minimised
The committee is made up of portfolio managers, our chief economist, senior management members and independent voting members, bringing together over 300 years of investment experience. They meet once a month, or more regularly, if needed.
The investment committee is responsible for:
Developing group investment strategy
Reviewing and approving research from the in-house research team
Making decisions on portfolio planning based on said in-house research
Monitoring and managing risk
Reviewing performance and compliance
Establishing KPIs and measuring progress
Recommending and approving policy changes
Communicating information to relevant stakeholders
Structure of the investment committee
The Investment Committee is made up of the Investment Sub-Committee (ISC) and the Investment Audit Committee (IAC).
Investment Sub-Committee (ISC)
The ISC is granted delegated power by the Investment Committee and reacts promptly and efficiently to economic and financial changes in between official monthly meetings. The ISC holds decision-making power, and facilitates the implementation of responses to market change, in order to protect our clients. The Investment Committee plays a continuous role in confirming and reviewing parameters for the (ISC) to operate within successfully.
Investment Audit Committee (IAC)
The Investment Audit Committee is tasked with the constant and consistent challenge, evaluation and assessment of Investment Committee practices in order to protect clients and to ensure client benefit is derived from the Committee’s expertise.
The IAC is chaired by Austin Broad, Group Head of Advice, and includes Alex Larvin, Group Head of Risk and Mark Chambers, Non-Executive Director at AFH. Austin and Alex bring a wealth of risk and financial services knowledge to their roles in the IAC, while Mark has over 30 years of financial and business experience, having spent 19 years at Man Group Plc in a range of senior roles including Head of Institutional Sales, and Head of Global Banking Sales. He has previously held senior positions at Daiwa Europe Ltd and County NatWest Securities Ltd. and is a member of the AFH Group Remuneration Committee, and a trustee of the Man Group Plc pension fund.