Investment vehicle selection

INVESTMENT VEHICLES SELECTION Fund manager selection

The fund manager selection process is based on the “4 Ps” approach:

 

People

A good feeling with the fund manager, his or her charisma, ability to be innovative, transparency, intellectual honesty, ability to anticipate the market and courage to be a contrarian if necessary.

Process

Strict top-down or bottom-up process, criteria used to select securities, synergies with other company managers and/or analysts, discipline, consistent management style, rigorous risk management process.

Portfolios

Transparency of underlying assets, consistency with the declared investment process.

Performance

Long-term consistency of performance, ability to generate alpha regardless of market conditions, compliance of performance with the declared objective of the fund.