Robert Leach

RSIM is an active manager which is organized into three distinct groups. The Asset Allocation Group meets monthly to determine overall investment strategy and asset allocation. The Stock Sector Group determines stock and sector selections, including UK equities. The Collective Investment Committee reviews the range of alternative investments available and provides information and guidance to the investment managers. Portfolio managers and analysts share information. The firm performs in-house research, supplemented by third party research of quoted companies in order to construct lists of equities from which clients' portfolios are constructed. RSIM fund managers conduct research and can not make or change recommendations without the approval of the Stock/Sector Group, comprised of senior directors in fund management teams. Recommendations are communicated to investment managers who make investment decisions. Research into externally-managed fund investments, unit trusts and other collective vehicles is also carried out by specialists who report to the Asset Allocation Group or the Alternative Investment Group.