A Total Portfolio Management Approach begins by ascertaining the ultimate intent of the asset owner and then exploring how best to structure all available assets in pursuit of that goal.
![Blended Value](http://report.rsgroup.asia/wp-content/uploads/2016/05/Screen-Shot-2016-05-04-at-4.18.53-pm.png)
Rather than being trapped within the “impact first” vs “finance first” dichotomy, we instead adopt the concept of “Blended Value” — the idea that positive outcomes can be optimized when