Plurimi Wealth LLP

Who we are

Plurimi Wealth LLP is a leading independent wealth manager, serving high and ultra-high net worth individuals, family offices and institutions. The firm offers both discretionary and advisory solutions, advising clients on asset allocation, portfolio construction, investment strategy and family office services.


We provide clients with innovative and personalised solutions via the wider private banking ecosystem. Separation of key responsibilities, such as custody and investment management, ensures that Plurimi provides its clients with a truly secure and bespoke advisory service. Plurimi Wealth LLP forms part of the Plurimi Group of companies with regulated offices in London, Dubai and Monaco.


  • We focus on Service – we have fewer clients per relationship team and align ourselves with our clients.
  • We find Solutions – having access into a broad array of institutions allows our clients flexibility and choice.
  • One Stop Shop – we act as the gateway on your behalf across all your investment needs. We aim to simplify the complex.
  • Our Scale and Experience allows our clients to benefit from our ecosystem and networks.
  • Safety of Assets – we are not a bank but we help you open accounts with high quality credit worthy institutions on which we advise.


We work with you at the outset and help you design the most optimal solution based on your needs, not just at one bank but often harnessing the capabilities across several institutions.


What Makes Us Different?


  • Ease and Continuity of Relationship - Clients work with a single, trusted and experienced relationship management team who are empowered to provide holistic advice, without the constraints imposed by larger institutions.
  • Diverse Selection of Custodians - With over 30 agreements with leading financial institutions, we advise clients on custodian options, helping them navigate jurisdiction and onboarding, while providing an institutional level of access, service and intellectual capital.
  • Aligned Interest - We align interests with our clients, while maintaining the security and stability that a custodian
  • bank provides. Whether our clients require family office services, an investment manager or discretionary management, we are perfectly positioned to help.
  • Our Entrepreneurial Culture - With over USD 8bn in AUM/AUA, we are one of the largest independent wealth with expertise across all asset classes. Our flat structure minimises bureaucracy and allows our teams to provide effective and personalised solutions.
  • Experience Investment Team - Our Investment Management team, with over 60 years of combined experience, specialises in constructing bespoke strategies that align with your purpose & needs.
  • Analytics and Reporting - We provide efficient portfolio analysis and reporting via our internal platform: Simplifying the client experience by consolidating investment information - regardless of asset class, custodian or jurisdiction.

What we do

Investment Principles


  • Risk Premium - Traditional asset classes provide a risk premium over time but are not always priced to do so. We allocate to assets with above normal risk premia and away from assets with negative or below.
  • Macro - Edge achieved by effectively processing the overwhelming amount of data available. Artificial intelligence and machine learning removes emotion and improves decision making.
  • Technology - Macro factors and asset allocation are the main driver of portfolio returns. Macro and thematic trends provide long term investment opportunities.
  • Markets - Markets are dynamic with varying degrees of efficiency. Alternative assets and strategies complement traditional assets.
  • Diversification - Diversification helps reduce portfolio risk. Broad opportunity set also increases return potential.


Investment Management


Our AI and Machine learning technology assesses thousands of stocks every day, incorporating changes in consensus estimates, target prices, recommendations, reported financial statements, daily performance relative to country and sector. It identifies drivers of expected stock performance based on this information. AI guides stock selection by identifying stocks with strong growth, positive momentum and attractive value to own and expensive stocks with deteriorating fundamentals to short.


Our process uses AI to assist humans, rather than replace humans from portfolio management.


Benefits of using AI:


  • Allows fast and thorough assessment of information to identify possible investment opportunities and risks.
  • AI distils fundamental factors for each stock to assess their relative and absolute attractiveness.
  • As well as bottom-up assessment, the software captures global macro drivers implied from various financial asset classes for top-down insights and identification of which stocks should fare better in different macro environments.
  • Generates buy and sell signals and alerts to help time appropriate portfolio actions.
  • Guides us with ideas to improve portfolio diversification and identifies risk mitigating ideas.


How Stocks are Measured (Out of 10):


  • Quality & Fitness – growth, profitability & solvency
  • Value – range of multiples, yields and cashflow measures
  • Momentum – earnings and other fundamental revisions + share price and institutional sentiment
  • Broker recommendations – the extent that brokers recommend clients buy a stock

Strategies

Plurimi AI Long/Short Equity 100:50 USD $

Strategy


Objective stock selection process removes human emotion and behavioural biases. Top-down region and style allocations. Portfolio characteristics skewed towards value, quality and momentum stocks.


Objective and risk / return targets


The objective of the Plurimi AI Long/Short Equity Strategy is to achieve capital appreciation through a combination of owning a portfolio of global stocks with attractive valuation, growth and quality factors and shorting stocks with poor quality, momentum and value characteristics. The strategy combines a 100% allocation to the Plurimi Global Equity strategy and 50% allocation to the Plurimi AI short strategy and is rebalanced monthly. Stock selection is driven by artificial intelligence with machine learning techniques. Benchmark is 50% of MSCI World.

MANDATES

  • Long Short USD • medium

    Plurimi AI Long/Short Equity 100:50 USD

Plurimi AI Long/Short Equity 100:50 GBP £

Strategy


Objective stock selection process removes human emotion and behavioural biases. Top-down region and style allocations. Portfolio characteristics skewed towards value, quality and momentum stocks.


Objective and risk / return targets


The objective of the Plurimi AI Long/Short Equity Strategy is to achieve capital appreciation through a combination of owning a portfolio of global stocks with attractive valuation, growth and quality factors and shorting stocks with poor quality, momentum and value characteristics. The strategy combines a 100% allocation to the Plurimi Global Equity strategy and 50% allocation to the Plurimi AI short strategy and is rebalanced monthly. Stock selection is driven by artificial intelligence with machine learning techniques. Benchmark is 50% of MSCI World.


MANDATES

  • Long Short GBP • medium

    Plurimi AI Long/Short Equity 100:50 GBP

Plurimi Growth Strategy USD $

Strategy


Stock selection driven by independent research and proprietary selection models. Top-down regional and style allocations. More than 50% invested in equities, with flexibility to allocate to cash, commodities, fixed income and structured notes


Objective and risk / return targets


The objective of the Plurimi Growth strategy is to achieve long-term capital appreciation through

investments primarily in global stocks. The strategy is a flexible and seeks to maximise returns vs. a composite 70% MSCI World, 15% FTSE UK Gilts and 15% Markit iBoxx GBP Liquid Corporate Large Cap (GBP) / 70% MSCI World, 15% ICE US Treasury 7-10Y bonds and 15% iBoxx USD Liquid IG corporate (USD) / 70% MSCI World, 12.5% Euro Aggregate Corporate Total Return Index bonds and 12.5% iBoxx Euro Sovereign Overrall Total Return Index (EUR)

benchmark, by employing active bottom-up stock selection, and tactical allocations across regions, styles and other asset classes.


Beta range: 0.5-1.0

Return target: Composite benchmark +2 % per annum.

MANDATES

  • Plurimi Growth Strategy • high

    Plurimi Growth Strategy USD

Plurimi Growth Strategy GBP £

Strategy


Stock selection driven by independent research and proprietary selection models. Top-down regional and style allocations. More than 50% invested in equities, with flexibility to allocate to cash, commodities, fixed income and structured notes


Objective and risk / return targets


The objective of the Plurimi Growth strategy is to achieve long-term capital appreciation through

investments primarily in global stocks. The strategy is a flexible and seeks to maximise returns vs. a composite 70% MSCI World, 15% FTSE UK Gilts and 15% Markit iBoxx GBP Liquid Corporate Large Cap (GBP) / 70% MSCI World, 15% ICE US Treasury 7-10Y bonds and 15% iBoxx USD Liquid IG corporate (USD) / 70% MSCI World, 12.5% Euro Aggregate Corporate Total Return Index bonds and 12.5% iBoxx Euro Sovereign Overrall Total Return Index (EUR)

benchmark, by employing active bottom-up stock selection, and tactical allocations across regions, styles and other asset classes.


Beta range: 0.5-1.0

Return target: Composite benchmark +2 % per annum.

MANDATES

  • Plurimi Growth Strategy • high

    Plurimi Growth Strategy GBP

Plurimi Cautious Strategy GBP £

Strategy


Defensive strategy designed to protect capital in the short term and grow purchasing power over a cycle. Objective stock selection process utilises independent research and proprietary screens. Top-down regional, asset class and style allocations to enhance returns and mitigate macro risks. Portfolio characteristics skewed towards value, quality and yield.


Objective and risk / return targets


The objective of the Plurimi Cautious strategy is to achieve long-term capital appreciation primarily through investments in a portfolio of global stocks and bonds. Tactically the strategy may also include exposure to commodities, real estate, and other alternative asset classes. The strategy is flexible and seeks to preserve capital on a 12-month basis and deliver a total return of inflation +2% per annum overa market cycle. Performance is compared to a composite index made up of 35% MSCI World GBP, 32.5% Iboxx Investment Grade GBP and 32.5% FTSE UK Gilts All Stock (GBP) / 35% MSCI World, 32.5% Iboxx

Investment Grade, and 32.5% 7-10 year US Treasury Index (USD) / 35% MSCI World, 32.5% Euro Aggregate Corporate Total Return Index bonds and 32.5% iBoxx Euro Sovereign Overrall Total Return Index (EUR)


Return target: CPI +2% per annum.

Typical beta vs MSCI World: 0.4-0.6


MANDATES

  • Cautious GBP • low

    Plurimi Cautious Strategy GBP

Plurimi Cautious Strategy USD $

Strategy


Defensive strategy designed to protect capital in the short term and grow purchasing power over a cycle. Objective stock selection process utilises independent research and proprietary screens. Top-down regional, asset class and style allocations to enhance returns and mitigate macro risks. Portfolio characteristics skewed towards value, quality and yield.


Objective and risk / return targets


The objective of the Plurimi Cautious strategy is to achieve long-term capital appreciation primarily through investments in a portfolio of global stocks and bonds. Tactically the strategy may also include exposure to commodities, real estate, and other alternative asset classes. The strategy is flexible and seeks to preserve capital on a 12-month basis and deliver a total return of inflation +2% per annum overa market cycle. Performance is compared to a composite index made up of 35% MSCI World GBP, 32.5% Iboxx Investment Grade GBP and 32.5% FTSE UK Gilts All Stock (GBP) / 35% MSCI World, 32.5% Iboxx

Investment Grade, and 32.5% 7-10 year US Treasury Index (USD) / 35% MSCI World, 32.5% Euro Aggregate Corporate Total Return Index bonds and 32.5% iBoxx Euro Sovereign Overrall Total Return Index (EUR)


Return target: CPI +2% per annum.

Typical beta vs MSCI World: 0.4-0.6

MANDATES

  • Cautious USD • low

    Plurimi Cautious Strategy USD

Plurimi AI Global Equity GBP £

Strategy


Bottom-up stock selection driven by Artificial Intelligence (AI) and machine learning. Objective stock selection process removes human emotion and behavioural biases. Top-down region and style allocations. Portfolio characteristics skewed towards value, quality, and momentum stocks.


Objective and risk / return targets


The objective of the Plurimi AI global equity strategy is to achieve long-term capital appreciation through investments in global stocks. The strategy is always fully invested and seeks to maximise returns vs. the MSCI World benchmark by employing active bottom-up stock selection, which is driven by artificial intelligence with machine learning techniques, and discretionary top-down regional and style allocations.


Beta range 0.9-1.1

Return target: MSCI World +3% per annum over a market cycle

MANDATES

  • Long Equity GBP • high

    Plurimi AI Global Equity GBP

Plurimi AI Global Equity USD $

Strategy


Bottom-up stock selection driven by Artificial Intelligence (AI) and machine learning. Objective stock selection process removes human emotion and behavioural biases. Top-down region and style allocations. Portfolio characteristics skewed towards value, quality, and momentum stocks.


Objective and risk / return targets


The objective of the Plurimi AI global equity strategy is to achieve long-term capital appreciation through investments in global stocks. The strategy is always fully invested and seeks to maximise returns vs. the MSCI World benchmark by employing active bottom-up stock selection, which is driven by artificial intelligence with machine learning techniques, and discretionary top-down regional and style allocations.


Beta range 0.9-1.1

Return target: MSCI World +3% per annum over a market cycle

MANDATES

  • Long Equity USD • high

    Plurimi AI Global Equity USD

Prosper Global Macro GBP £

Strategy


Diversified multi-asset strategy (stocks, bonds, cash, real estate, currencies and commodities)

combining "top down" macro allocation and "bottom-up" risk management within a defined risk budget, as well as integrating Artificial Intelligence into stock selection since 2019.


Objective and risk / return targets


The long-term objective is to beat inflation by 5% per annum over a market cycle with a volatility

target below 8%. The maximum risk budget is 8% monthly modified value at risk (MVaR). The

short-term objective is to target positive returns over rolling 12-month periods.


CHF currency also available.


I shares and P shares available in all currencies but GBP. Official Prosper factsheet available at

https://www.prosperfunds.ch/wp-content/uploads/PROSPER-PGM-Factsheet-EN-I-usd.pdf

MANDATES

  • Prosper GBP • low

    Prosper Global Macro GBP

Prosper Global Macro USD $

Strategy


Diversified multi-asset strategy (stocks, bonds, cash, real estate, currencies and commodities)

combining "top down" macro allocation and "bottom-up" risk management within a defined risk budget, as well as integrating Artificial Intelligence into stock selection since 2019.


Objective and risk / return targets


The long-term objective is to beat inflation by 5% per annum over a market cycle with a volatility

target below 8%. The maximum risk budget is 8% monthly modified value at risk (MVaR). The

short-term objective is to target positive returns over rolling 12-month periods.


CHF currency also available.


I shares and P shares available in all currencies but GBP. Official Prosper factsheet available at

https://www.prosperfunds.ch/wp-content/uploads/PROSPER-PGM-Factsheet-EN-I-usd.pdf

MANDATES

  • Prosper USD • low

    Prosper Global Macro USD

Plurimi Balanced Strategy GBP £

Strategy


Stock selection driven by independent research and proprietary selection models. Top-down regional and style allocations. Flexibility to allocate to equities, fixed income, alternatives, commodities and cash.


Objective and risk / return targets


The objective of the Plurimi Balanced strategy is to achieve long-term capital appreciation through investments in a range of asset classes and types of investment vehicles. The strategy is a flexible andseeks to maximise returns vs a composite 50% MSCI World, 25% FTSE UK Gilts and 25% Markit iBoxx GBP Liquid Corporate Large Cap benchmark (GBP) / 50% MSCI World, 25% Euro Aggregate Corporate Total Return Index bonds and 25% iBoxx Euro Sovereign Overrall Total Return Index (EUR), by employing active bottom-up stock selection, and tactical allocations across regions, styles and asset classes.


Beta range: 0.3-0.7

Return target: Composite benchmark +2 % per annum


MANDATES

  • Balanced GBP • medium

    Plurimi Balanced Strategy GBP

Plurimi Balanced Strategy USD $

Strategy


Stock selection driven by independent research and proprietary selection models. Top-down regional and style allocations. Flexibility to allocate to equities, fixed income, alternatives, commodities and cash.


Objective and risk / return targets


The objective of the Plurimi Balanced strategy is to achieve long-term capital appreciation through investments in a range of asset classes and types of investment vehicles. The strategy is a flexible andseeks to maximise returns vs a composite 50% MSCI World, 25% FTSE UK Gilts and 25% Markit iBoxx GBP Liquid Corporate Large Cap benchmark (GBP) / 50% MSCI World, 25% Euro Aggregate Corporate Total Return Index bonds and 25% iBoxx Euro Sovereign Overrall Total Return Index (EUR), by employing active bottom-up stock selection, and tactical allocations across regions, styles and asset classes.


Beta range: 0.3-0.7

Return target: Composite benchmark +2 % per annum

MANDATES

  • Balanced USD • medium

    Plurimi Balanced Strategy USD