We have a unique approach to Macro investing and analysis which utilises systematic and discretionary trading strategies with clearly identifiable and repeatable processes. We are essentially collectors. We identify repeatable ‘edges’ and take advantage of predictable market occurrences or anomalies in differing time scales via both systematic and discretionary processes. Our ‘edges’ can be classified as Macro, RV and Opportunity driven (MOR) which together deliver uncorrelated alpha with controlled volatility across a wide range of market conditions.
Within each of our strategies we differentiate between tactical and strategic positions which differ not only in time scales but also in their underlying drivers. This adds another layer of diversification insulating our returns from longer cyristalisaton periods. We continuously isolate repeatable edges conducive to systematic or discretionary trading and integrate them into our portolio of winning strategies.
We focus on highly liquid instruments in all major asset classes across the globe, with over 50 instruments ranging from equities and bonds to commodities and currencies.
Obtaining diversification not only from different strategies, a large spectrum of assets but also different time horizons truly set us apart from our competition. Our unique blend of ‘man & machine’ allows us to integrate fundamental top-down and bottom-up analysis with multi factor relative value as well as long lasting tectonic shifts.
Our diversification in both time scales as well as product focus sets us apart from the crowd by insulating our returns from large drawdowns and allowing us to profit more for each unit of risk. It also allows our longer term positions to be carried more easily. We have essentially discovered a timezone between Algos and long term ‘classical’ macro which is often overlooked where our strategies perform to maximum effect.
Add to this an opportunistic and unconstrained approach to capital allocations between our approaches, based on a scoring of factors and a resulting tallying of confidence scores.
We have identified clear edges in the markets derived either from tectonic shifts that cause large price movements or price misalignments between products & time periods. These edges are the cornerstone of our investment strategy as they offer repeatable favourable risk/reward trades and are complemented only by opportunistic positioning. Within strategies we differentiate between tactical and strategic positions which differ not only in time scales but also in their underlying rationale.