Research Approach: Intertwined with Investing
- Philosophy
- Challenge the arbitrary in investing and promote scientific frameworks
- CIO: over 25 years of developing intellectual property
- We put our money where our research is
- Impact
- A different approach to active investing: risk-defined solutions
- The result is unique, specialized portfolios with some of the longest track records in the industry
Investment Approach: Rooted in our Research
- Philosophy
- Alpha is not generated by being a follower
- Alpha is generated in high-conviction portfolios
- Risk framework is multi-faceted. It starts with protection against permanent loss of capital.
- An investment solution is robust if it relies on a repeatable process
- Impact
- Each portfolio is a risk-defined financial instrument, not a collection of investments
- Concentrated (5-20 managers), mono-asset class
- Favors niche opportunities and early-stage hedge funds
- Dynamic capital allocation within each asset class
