Our Approach
We use an analytical and research-driven approach in the construction of our portfolios.
Investment Process
We pursue an analytical research-driven approach in the construction of portfolios. The process will begin with a strategic asset allocation and selection process and is supported by a disciplined performance evaluation and reporting system.
Investment Philosophy
We invest with high conviction, adhering to proven and repeatable investment strategies, always managed in the client’s best interests.
Investment Strategy – Fixed Income
The Fixed Income Market offers several attractive investment opportunities, which we endeavour to capture with a rigorous but flexible investment process.
Investment Approach
Our process is a “Top-Down/Bottom-Up” approach. A Top-Down perspective applies to Duration and Credit, whereas a Bottom-Up perspective applies to Curve Positioning and Individual Security Selection. Active management of our fixed income portfolios helps to enhance returns and can potentially lead to outperformance of mandate investing strategy.
Portfolio Monitoring Strategy
Four components that we monitor in terms of criticality to risk and return performance on our fixed income portfolio are:
- Duration
- Credit
- Individual Security Selection
- Curve Positioning
Investment Strategy – Equity
Investment Process
Our investment style has strict investment guidelines that ensure that we contain portfolio risk within specified levels and run a diversified portfolio to deliver consistent risk-adjusted returns to our clients. We believe that our approach to investing can generate consistent investment returns over the long term.
Investee Companies
We seek to invest in companies, in our view, that have sustainability of business growth and are trading at a substantial discount to their true business (intrinsic) value. We believe that, over time, the price of a stock could rise to reflect the value of the underlying company. As such, we are patient investors and not market timers.
Asset Valuation
Our investment decision-making is process-driven and starts with a business assessment, the size of the opportunity, and the future potential. Key inputs in the decision-making process are financial projections over the medium to long term.
Risk Management
We apply proactive risk management
Highly disciplined risk management is essential to our entire investment process. In addition to calculating and tracking traditional industry-wide measures of portfolio risk and risk efficiency, the nature of our investments dictates a customized risk management approach.
We stress-test our portfolios
Our integrated risk management process gives us insight into the sources of portfolio risk and identifies the risk-based factors that ultimately drive performance.