INVESTMENT PHILOSOPHY
We believe that dynamic asset allocation informed by comprehensive top-down macro analysis, combined with rigorous bottom-up security selection and a differentiated sustainable investment approach, can deliver attractive risk-adjusted returns through the economic cycle while producing positive environmental and social impact.
MAIN OBJECTIVES
1. TOTAL RETURN OVER AN ECONOMIC CYCLE
An active and dynamic approach that allocates to liquid global fixed income and foreign exchange asset classes, and re-positions as markets evolve.
2. BOND-LIKE CHARACTERISTICS
A core strategy that acts as a complement and counterbalance to equity risk.
3. SUSTAINABILITY
A sustainable investment research framework developed in-house over 10+ years that seeks to identify securities that can deliver both investment performance and positive impact.6
Vehicles available: UCITS Fund (GBP), UCITS Fund (USD)
- SONIA (Sterling Overnight Index Average) is an index of very short-term unsecured loans between U.K. financial institutions.
- SOFR (Secured Overnight Financing Rate) is a broad measure of the cost of borrowing cash overnight collateralised by U.S. Treasury securities.
- Return target is gross of fees.
- Volatility per annum is the degree of variation of a trading price series over time, usually measured by the standard deviation of returns.
- Duration is a time measure of a bond’s interest-rate sensitivity, based on the weighted average of the time periods over which a bond’s cash flows accrue to the bondholder.
- Analysis is conducted for corporates and sovereign issuers, securitized products and other asset classes when relevant information is available; we invest on the basis of risk management and/or opportunity.
*For the UCITS fund launched on Feb 1st 2022.
