Valuation, allocation and management Valuation lies at the heart of investment discipline, yet so much asset management is now conducted without this necessary skill, or knowledge and concern over factors which represent valuation risks. Valuation also lies at the heart of the portfolio management process and systems and business processes of the future need a direct relationship with valuation expertise and valuation, allocation and management frameworks. TAMRIS’s valuation expertise is related to markets, styles, market components and sectors and the development of valuation, allocation and management frameworks. It has spent much of its time developing techniques to integrate valuation directly to asset allocation within frameworks capable of managing allocation dynamically. More importantly, these frameworks are capable of adjusting asset allocation for a given set of rules to suit the size and timing of financial needs over time and the various risk and performance preferences. Therefore, from one set of valuation disciplines it is possible to deliver thousands of totally personalised portfolios that adjust automatically to changes in markets and changes in the relationship between markets and financial needs. These developments effectively the thousands of calculations needed to manage this level of personalisation. It has also development portfolio management benchmarks that manage the allocation to markets, securities, funds or market components relative to each individual client's financial needs and risk preferences allowing more effective management of risk and return and advanced planning and management of asset allocation relative to financial needs. It has also developed relative valuation models key to managing asset allocation in the presence of liabilities, time and differing risk and performance preferences. These relative valuation models form the basis of the valuation, allocation and management frameworks. Without sophisticated models that integrate valuation, allocation and the management of allocation it is impossible to optimise the management of risk and return for a wide range of individuals with differing financial needs and risk preferences. TAMRIS has also developed expertise in absolute valuation models which it believes are necessary to manage the risk of initial investment. It therefore has the necessary expertise needed to assess an organisation’s valuation and asset allocation disciplines as well as the effectiveness of their wealth and asset management systems. Every wealth and asset manager will have different techniques, systems and processes. There is no one way of valuing, allocating and managing investments. What is important is that the processes used have integrity and are capable of doing the job at hand. That is constructing, planning and managing your assets to meet your financial needs over time while managing risk and return at all points in time, cost effectively. | 
