Portfolio models allow Fat Prophets to manage a large number of investors’ portfolios in line with a model, or ‘master’ portfolio. Any change we make within a model is automatically reflected in the portfolios of all clients within that model. For example, if the Fat Prophets investment team decides that the Concentrated Australian Shares Model should take profits on stock XYZ, they might decide to reduce the weighting by 2%. A 2% sell-down will then take place for all clients in that model, regardless of the size of their portfolio. There are two key benefits to the model portfolio structure, the first is wholesale brokerage, the second is a focused approach to portfolio management (we don’t need to manage hundreds of tailored portfolios).
Simon has over 20 years of listed markets experience, having started out in real estate equity research in 1996, before heading real estate equity research teams for JB Were and Goldman Sachs from 1999. Simon was head of international equity research for Goldman Sachs JBWere (GSJBW) based in New York from 2005 where he was also broker dealer licencee of the US business, was a member of the Australian Investment Review Committee for Goldman Sachs Equity Research, and was a long term partner at GSJBW. Additionally he has had successful private business ventures, and most recently headed Real Estate Corporate Advisory for Australia and New Zealand for Goldman Sachs.
