Investment Approach

We believe that fundamental, sentiment, technical and news all drive asset prices. We believe that the most consistent way to generate absolute returns is through a diversified, risk-budgeted approach, across multiple alpha-generating strategies. To this end we employ a systematic relative value approach to equity investing based on rigorous empirical research. Through our disciplined, research-driven investment framework and carefully selected basket of signals, we seek to identify the relative attractiveness of large cap global ex-US equities.

Over the last seven years we have been getting increasingly concerned over the commoditisation of valuation and profitability metrics. We are looking to get in front of the financial statements by addressing things like environmental sustainability, human and organisational capital, adaptability and capacity for innovation.

Our process highlights indicators that have: ex-ante sensibility, a strong theoretical/behavioural foundation, predictability across multiple market environments, consistency through time, as well as being additive to the existing suite of ideas. Our research effort is continuous as we search for new insights/anomalies in global financial markets. Lastly, we use the best-in-class portfolio construction and risk management techniques available, allowing us to turn our information into a viable trading strategy.