Our investment strategy optimally blends rigorous fundamental, bottom-up research with a proven quantitative momentum strategy. History has shown that forecasting macro-economic conditions with consistent accuracy is highly improbable, in both the short and long term.

As such, we do not base our investment decisions on short term macro-economic forecasts but rather track changes in macro economic variables to the extent that they materially and structurally affect and/or change business economic fundamentals and therefore Investment case securities. High quality businesses with competent management and proper governance structures are better able to endure distressed economic periods and are more suitably positioned to navigate unpredictable macroeconomic cycles.