Caburn Investments
Discretionary Fund Management from Brighton, focusing on cost-effective, evidence-based investing.
Discretionary Fund Management from Brighton, focusing on cost-effective, evidence-based investing.
We believe that you can neither control the markets nor consistently outperform them. However, you can control charges and fees and generate market performance by keeping costs as low as possible and using sound asset allocation that's been tested, kept up to date in today's fast-changing economies and decided upon by experts.
Keeping costs low is essential. Over time, high costs erode returns. We focus on passive tracking to minimise unnecessary fees, while ensuring your portfolio stays aligned to market performance.
Research consistently shows that most active fund managers fail to outperform their benchmarks after fees are accounted for. A Financial Conduct Authority (FCA) study (Asset Management Market Study, 2017) highlighted that actively managed funds, on average, do not outperform passive benchmarks once charges are taken into account. This echoes extensive academic evidence, such as Fama and French’s landmark studies, which demonstrate that only a small proportion of active managers beat the market over the long term, and that it is exceedingly difficult to identify these managers in advance.
Passive strategies also avoid the pitfalls of behavioural biases that can undermine active decision-making, such as market timing and stock-picking errors. By systematically tracking diversified indices, investors participate in broad market growth without incurring the higher costs and risks associated with frequent trading and speculation. This approach aligns with decades of empirical research, including work by Nobel laureates Eugene Fama and William Sharpe, which suggests that long-term investment success is predominantly driven by asset allocation and market exposure rather than attempts to consistently outguess the market.
Decades of rigorous research demonstrate that relying on predictions or short-term market views is an unreliable foundation for investment success. Instead, we build globally diversified portfolios using gilts, money market instruments, and equities to provide balanced exposure across regions and asset classes — grounding your investments in evidence, not speculation.
Evidence-based investing also draws from the field of behavioural finance, recognising that investors’ emotions and cognitive biases often lead to poor decisions, such as chasing past winners or panic-selling during downturns. By maintaining a disciplined, structured approach that resists market noise, we help protect you from these common pitfalls. Furthermore, our focus on strategic diversification and appropriate asset allocation reduces portfolio volatility, aiming to deliver more consistent outcomes aligned with your long-term goals.
Caburn Investments was created to give our financial adviser firms choice and access to model portfolios to use with their clients. With the support of Elston Consulting we have built what we believe to be a great range of models for financial advisers to use with their clients.
Our team is made up of professionals with decades of experience in providing financial advice and running model portfolios for clients. With a strong compliance and oversight team and many years of working hard managing clients’ objectives, we feel we are well placed to lead Caburn Investments in difficult and challenging times.
We work exclusively through selected IFA partners. If you are an IFA looking to work with us, or an investor wishing to be connected, please fill out the form below.