The Investment process is based on a disciplined procedure developed over the years, combining more than a decade of investment expertise. The three-factor analysis focuses on three key areas of fundamental, technical and sentiment analysis. The assumptions used for each factor are constantly being refined as new data emerge and the drivers of the market evolve.
Our mandates are defined mainly by a top-down approach, which looks at financial markets as a sum of different factors rather than asset classes. We believe correlation among such elements and the way they impact each other is by far the most critical variable within a multi asset portfolio.
Investment ideas are first analyzed, the correct instrument is selected later on.
Mandates are mostly directly managed with strong conviction ideas implemented internally. Part of mandates are managed by third parties funds who we deem have the necessary expertise to operate in specific market niches.