Our Investment Philosophy

THE NEW ACTIVE MANAGEMENT

Strategy allocation replaces asset allocation

OUR NEW ACTIVE APPROACH IS AN ACTIVE INVESTMENT MANAGEMENT, FREE OF THE ALLOCATION CONSTRAINTS IMPOSED BY BENCHMARKS AND FOCUSED ON INVESTING BY STRATEGY, NOT BY ASSET CLASS

By integrating top-down with bottom-up analysis and the team’s different expertise, we use this approach to globally select individual opportunities to achieve the fund's return and risk objective.

Our portfolios are different to other asset managers,

because they are not built on asset allocation.

OUR PORTFOLIOS ARE BASED ON 5 PROPRIETARY INVESTMENT STRATEGIES:

Income sources

Designed to build a stable source of carry for the portfolio, through investment in cash flow generating assets (equities, credit, real estate).

Compounding growth stories

High quality companies that can grow and compound earnings over several years. Internal ownership, strong balance sheets, high and stable Return on Invested Capital.

Macro opportunities

Equity markets, rates, currencies, countries and sectors, with individual positions which reflect our view of the world through the economic cycle.

Special situations

Assets where catalysts and circumstances (M&A, distressed assets, etc.) are very company specific. Such assets provide bottom-up, uncorrelated investments.

Alternatives

Less correlated, which work in periods of market disruption (gold, real assets, volatility and commodities).

A NEW INVESTMENT PROCESS

NOW it’s time for New Active investing, rethinking diversification by time horizon and degree of correlation and applying a total return mindset to a goal oriented investment strategy.