Fundamentally Driven Process
We apply fundamental analysis to asset classes in much the same way that others apply this discipline to the selection of individual securities. We look beyond today, gazing over the horizon at the relative attractiveness of asset classes over a 6-24 month time frame.
This process differs from other investment programs. Unlike programs built on static asset allocation models that invest in all permitted asset classes, all the time, no matter the opportunity or risk, we adjust your portfolio's asset allocation as the fundamentals for an asset class change.
It is distinct from quantitative programs that simply reduce investing to mathematical formulas. We seek to also understand the qualitative factors that often drive change. And unlike many market timers who seem to jump between financial markets and cash on a whim, we only move to cash when other asset classes hold less promise and it's the most attractive asset class.