Kennedy Partners is an independent, boutique, private investment advisor. We offer tailored and objective wealth management services aligned to the specific needs of each client. We advise and implement based on solutions, not products, leveraging our many decades of global wealth management experience.
Our clients are ‘wholesale’ or sophisticated investors who may be investing as individuals or through a trust, company or self-managed superannuation fund. We also assist with the investment needs of family offices, foundations and not for profits.
The focus of our investment strategies is:
- To identify and implement wealth creation opportunities to achieve the highest returns on a risk adjusted basis
- To fully understand the needs of our clients and establish a long term financial partnership.
- To maintain an asset allocation strategy which takes into account the cyclical nature of markets.
To achieve our clients’ goals we have partnered with a number of key service providers who combine to offer secure, efficient and high–performance wealth management solutions.
Kennedy Partners assists clients in managing part or all of their investment portfolios. Our asset allocation process encompasses all major global investment asset classes and currencies.
Management of client equity portfolios can often be highly individual because of historical share holdings which must be maintained due to investor preference, tax or other reasons. We are able to help clients manage equity portfolios with a tactical focus including the use of margin and options. We can also assist when a more passive approach is appropriate.
We have access to model portfolios using both domestic and international equities and can accommodate external managers through managed funds, listed investment companies (LICs) or Exchange Traded funds (ETFs).
We use proprietary tools developed over many decades to assist in making decisions on equity investment, particularly in ASX listed securities.
We have been managing Alternative Investment portfolios for clients since 2011, Initially as Specialist Investment Management and as Kennedy Partners since 2016.
Alternative Investments tend to be available only to wholesale investors as private transactions and are not traditional investments such as equity, fixed interest, cash or direct property. Since the financial crisis in 2008 it has often been possible to achieve better risk return outcomes in the private markets than in public markets in Australia.
We aim to provide our clients with a flow of high quality transactions which enable them to build portfolios tailored to their individual requirement for risk, liquidity and return.
It can typically take 12 to 18 months to establish a suitably diversified portfolio of Alternative Investments as there may only be one or two transactions available at any one time.
- We either manage transactions ourselves or enter transactions managed by a specialised manager. We only use a small number of highly specialised managers
- Each client’s assets are managed in a separate account and not pooled
- We can offer discretionary or non-discretionary investment mandates
- Full web-based reporting plus year-end tax reports
- Clients’ Alternative Investments are generally managed as part of a broader portfolio including more traditional fixed interest securities, Australian and international equities
We are seeking diversification in our alternative client portfolios and categorise the assets into three buckets:
1. High Yield
To us high yield is any fixed interest type security that has an expected return significantly in excess of traditional fixed interest securities. A number of these deals have closed and returned all capital to investors as well as a return of between 9.7% p.a. and 35.66% p.a. Most of these investments are backed by assets such as mortgages or consumer receivables.
2. Property Related
Property Related investments are wholesale unit trusts which have various types of property as the underlying asset. They can be in the form of equity, preferred equity or debt. As the property cycle has matured our investments returns have reflected the increasingly lower risk nature of transactions we have invested in for our clients.
Alternative equity investments are investments in unlisted companies that are expected to achieve high growth generally over a two to five year period. These investments may be held by us directly for clients or managed by a specialised manager or venture capital firm.
In all cases these transactions have been available to wholesale investors only. Participation through Kennedy Partners has enabled clients to gain access to transactions for less that the stated minimum investment amount. This is because we make one investment for our clients.
An example is our investment in Auscred Pty Ltd (Lendi) which is Australia’s largest online mortgage broker. Our original investment was made in December 2017 at a price of $71.47 per share. Lendi has raised funds subsequently at $98.99 per share from the ANZ Bank and other investors.
We have offered 50 separate transactions to our clients in the three investment groups:
We have experienced no losing transactions since commencing business.
The chart below shows the value of $1,000 invested by a client in a Kennedy Partners Alternative Investment portfolio. Returns differ from client to client as each portfolio is different depending on the client’s investment preferences and security selection. The portfolio returned 13.38% pa before performance fees.
Fixed interest investments can play an important role in most client portfolios and the high yield investments described above may form part of a fixed interest strategy. In addition we can facilitate investment into more traditional corporate and government fixed interest securities in both domestic and global markets. An area of interest in the past few years has been mortgage backed debt which has been particularly sensitive to changing economic conditions.
Meet our professionals
Peter is the founder of Kennedy Partners and has had more than 30 years financial markets experience in equities, derivatives and investment management.
In 2011 Peter founded Specialist Investment Management Pty Ltd (SIML) servicing wholesale investors in high yield fixed interest instruments, equities and derivatives. In 2016 the company commenced operations under the name of Kennedy Partners. The change of name recognised the evolution of the company to include a larger number of advisors and their clients. Since 2016 the Company has offered a broader range of asset classes and asset allocation to clients.
Head of Wealth Management
Evelyn has 30 years’ experience in banking, private banking and wealth management gained in Hong Kong and Sydney. Her focus is to provide holistic investment advice to high net worth, family office and not for profit entities with particular expertise in offshore and multi-currency investing.
Evelyn holds a SAB (Solicitors and Barristers Admission Board)/LPAB Diploma in Law in association with the University of Sydney, a GAICD from the Australian Institute of Corporate Directors and has completed the Asset Management Program at Wharton.
Chief Investment Officer
Tim has more than 15 years of finance experience in equities, derivatives and investment management.
Prior to joining Kennedy Partners Tim was Investment Manager at a single family office and later an Investment Advisor advising clients on Asset Allocation, Investment Strategy and Portfolio Management.
He has particular expertise in Australian equities and is responsible for advising on stock selection for Australian Equity portfolios.
Tim holds a Bachelor of Business from ACU and a Graduate Diploma in Applied Finance and Investment.
Chief Operating Officer
Rune has worked in accounting and finance for more than 20 years both in Australia and Europe with substantial experience in financial services. Prior to joining Kennedy Partners, Rune was the COO/CFO at a boutique investment management and advisory firm focusing on the alternative asset space.
Rune holds Bachelor of Business degrees in Accounting and Business Administration and is a member of the Chartered Accountants Australia & New Zealand and a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW). Rune also holds a Graduate Diploma of Applied Finance.
Barry joins us from Macquarie Bank Private Wealth where he was a Client Services Associate. Prior to this he held financial planning and research roles at various financial institutions in both Australia and Manila. Barry has more than 10 years’ experience in wealth management operations and investments research.
Barry is currently undertaking his Master of Applied Finance at Macquarie University while concurrently working towards the Accredited Derivatives Adviser Certificate with Kaplan. He also holds a Diploma of Financial Planning (RG146) and a certificate in Accredited Listed Product Adviser. Barry has completed a Bachelor of Arts degree in Philosophy from University of Saint La Salle – Philippines.
Investments Operation Manager
Susanne commenced her professional career at Grant Thornton Australia in 2015 before joining Kennedy Partners in 2018.
Susanne holds a Bachelor of Business degree from UTS Sydney majoring in Accounting and Finance and a Masters of Project Management from the University of Sydney.