The number of stocks outperforming the S&P 500 is currently just below 30%, well below the 21st century average of 47% and a peak of over 65%. It was just below 60% as recently as 2022. The fewer stocks there are outperforming, the more difficult it is for a manager to outperform
What we do
At Hawksmoor we specialise in providing high quality discretionary management services for Private Investors (and clients of Professional Advisers) including trusts, pension schemes and charities. We also manage Multi Asset Funds-of-funds and a series of risk-based ‘Model Portfolios’ for Financial Advisers.
How can we help you?
Private Investors: As a Hawksmoor client you can expect a high level of service from a reliable and dedicated investment team who are responsive to your needs and committed to the responsible management of your money.
Professional Advisers: If you are an Independent Financial Adviser, Solicitor or Accountant, we can work in partnership with you to provide effective solutions to managing your clients’ portfolios.
Discounts Matter!
Funds Crescendo blog: 14 February 2025
We have both read and heard (via conversations with Boards and brokers and other stakeholders), with increasing alarm, the view that “discounts do not matter”…. Or are “less important than Saba Capital has made out”… Or that (current) “shareholders don’t mind”…. Or some variant of that sentiment.
