Drawing on deep financial-markets expertise and a clear understanding of client goals, we offer individual strategies for capital management.
Management of client investment portfolios under investment-advisory contracts.
Audit of existing portfolios and proposals for adjustments — based on client goals.
Independent review of proposals from asset managers, banks and consulting firms.
Analysis and audit of the client's financial and legal infrastructure with optimisation proposals.
Development of individual investment strategies based on client goals, risk tolerance and horizon.
Analytical accompaniment of clients across global financial markets.
Our work is built on two foundations: macroeconomic analysis and the analysis of global financial flows. On this basis we make decisions on asset allocation by class — equities and bonds — and by geography: the US, Europe, China and so on.
For bonds, the basis for decisions is the issuer's rating. We do not place client capital in securities rated below BB− (by the Big Three rating agencies).
For equities, we differentiate between large- and small-capitalisation companies. Among large-caps we select industries we consider most attractive in the current environment, then identify the most fairly-valued company in the sector. Among small-caps ($2 bn–$60 bn) we look for companies with proven ability to scale.
For evaluation purposes we have developed a benchmark — a weighted reference combining global equity, high-yield credit and risk-free duration.
Global equity exposure — broadest measure of developed and emerging markets.
High-yield corporate bonds — credit exposure with attractive yield.
7–10 year US Treasuries — stable duration anchor with low risk.
Benchmarking — sequential investment in equal portions of the listed assets.
We produce rigorous analytical content — objective sector analysis to support data-driven decisions. Our perspective gives clients confidence in a changing world. This is why one of our most requested services is the "Second opinion".
The world is changing rapidly: digital technology, AI, the emerging quantum-banking landscape. We pay close attention to new opportunities in finance — particularly the actively forming class of digital, or crypto, assets.
