PHILOSOPHY

Input

We use a scientific method that is based on evidence in all our investment decisions. We are therefore free from conventional market narratives. Our decisions are objective based on rigorous scientific methodology and avoids emotional biases.

Methodology

We interpret the markets in a very broad sense. We believe that stocks adjust to changes in fundamentals gradually and over long periods of time, and that the consequent trends are evident everywhere. Because we accept that forecasting is riddled with pitfalls, we adopt a passive reactive trend following approach to the markets. The trading rules that we execute are adopted on the basis of very rigorous back testing under different market regimes.

Output

We aim to provide our clients with consistent risk adjusted returns over the long term. In order to achieve this, we use risk models designed to insulate performance from major market shocks and ensure that we provide returns under different market regimes.