As 2026 gets underway, many asset managers will already have completed year-end portfolio reviews, taking stock of performance, income and compliance. The start of the year is the point to turn that insight into action.
We’re seeing asset managers focus more closely on who can make decisions and how those decisions are governed, particularly across portfolios with multiple managing agents.
Setting priorities early not only brings clarity across portfolios, but will also reduce risk and give confidence that governance, reporting and income assumptions are sound before programmes and budgets are fully underway. A short, focused sense-check now can help avoid issues later in the year, when they are harder to address.
Start-of-Year Priorities for Asset Managers
Rather than a full review, January is about confirming that the fundamentals are in place. Areas worth sense-checking include:
Portfolio Oversight and Governance
Confirm that decision-making authority is clearly defined and understood across managing agents and advisors. This includes delegated authorities, approval thresholds and escalation routes, ensuring decisions remain defensible if challenged.
Income and Cashflow Assumptions
Review billing, collection and recovery assumptions for the year ahead. Check that service charge budgets, ground rent and other income streams align with lease terms and reflect current costs, with clear visibility over arrears and recovery plans.
Compliance Visibility
Ensure statutory obligations, inspections and reporting requirements are mapped out for the year ahead, with clear ownership and realistic timelines. Early visibility reduces the risk of missed actions or reactive compliance later in the year.
Records and Documentation
Confirm that key records are complete, accessible and up to date, including lease documentation, service charge support and compliance evidence. Well-maintained records underpin effective governance and smoother communication with leaseholders and stakeholders.
Managing Agent Alignment
Use the start of the year to reset expectations with managing agents, confirming priorities, reporting requirements and KPIs. Alignment early on supports more consistent delivery across the portfolio.
Taking a structured approach at the start of the year helps asset managers move into 2026 with greater confidence and control. By focusing on governance, income visibility and compliance readiness now, portfolios are better placed to perform consistently and respond effectively as the year progresses.