What is our Philosophy?
We believe that equity and fixed income markets over time, and on average, naturally tend to increase in value and that this appreciation is a fundamental source of wealth accumulation. We recognize that markets generally rise over long periods, they do not rise every month, every year or even every decade. We do not, however, believe that it is necessary to bear the brunt of the worst market periods to benefit from the best. We believe that with careful quantitative modelling it is possible to identify when risk outweighs reward in the market.
We focus on absolute returns rather than benchmark relative returns. And we believe that risk is the danger of significant loss, not the volatility of daily results.