The investment process represents the core of the service we provide to our investors. It is therefore crucial for our active and extremely dynamic investment approach. We combine the outstanding specialist expertise and experience in this process.
Cash, bonds, equities and currencies are the asset classes we handle. This multi-asset approach is based on a core-satellite principle. The starting point is the structuring of the strategic core portfolio. However, the crucial element of the investment strategy is created by tactical overlay management as a satellite. This overlay management is based on liquid, listed derivatives and therefore enables active, fast and efficient portfolio management.
A systematic position size management (money management) and a risk-budgeting approach (risk management), based on the requirements of the investment strategy, are implemented as part of the investment process. The position sizes are flexibly adapted to the earnings trajectory and the current situation in the capital markets.
Only by combining strategic positioning and tactical overlay management, as well as embedding an efficient money- and risk management approach, an independent positive return can be achieved.