2023-10 Vermeer Partners - Brochure

RISK &
SAFE CUSTODY
RISK
Ultimately, the level of risk in your portfolio is determined
after discussions with your investment manager and is
based on your attitude towards and appetite for risk.
However, all investments can rise as well as fall.
All portfolios can experience volatility in the short term,
so our investment managers focus on understanding the
risks and act to minimise them. These might be a move
in interest rates affecting the housing market, a new
technology disrupting a mature sector, or geopolitical
relations influencing the mood of investors.
This requires a deep understanding of each investment
and its risks. Diversification by sector, asset class and
geography help to further mitigate specific risks.
The investment timeframe you determine will be
considered by your investment manager to ensure you
can weather any short-term volatility and achieve your
investment objectives.
PERSHING
To ensure your assets are wholly ring fenced from
creditors and administrators of the investment manager,
these are held by Pershing Securities Ltd (“PSL”) and
Pershing (Channel Islands) Ltd (“PCI”) rather than in
Vermeer Partners’ nominee account. Pershing is part of
The Bank of New York Mellon, one of the world’s largest
and most secure custody banks.
CLIENT CASH
Pershing uses a carefully selected panel of 10 to 12 high
quality banks to minimise institutional risk.
OPERATIONS
In addition, PSL looks after our trading, clearing and
settlement functions:
• trading is covered on a 24-hour global execution
basis through desks in London, New York and Asia,
to which we have direct access
• access to clearing and settlement of a wide range of
instruments across more than 40 markets
PSL also provide our investment management software,
reporting and investor portals. Pershing is a leader in
these fields, allowing us to concentrate on managing
clients’ investments.