Philosophy
The key tenets of our investment philosophy can be summarized from the following:
- As a fiduciary, we believe we have a responsibility to preserve and grow capital net of inflation regardless of market and economic conditions.
- Probability theory, through Monte Carlo simulations, illustrates the advantages of consistently positive, low volatility returns in reaching financial goals.
- Asset class risk management should be used to avoid poorly performing asset classes and favor those likely to exhibit superior performance.
- Diverse asset class choices are required to provide ample return generating opportunities throughout varying economic scenarios.
- Active management of risk should be employed to protect capital from market declines.
- Revenue and profit motives of the financial services industry promote fully-invested relative return strategies whereas absolute return strategies are more closely aligned with the needs of investors.
Our investment philosophy is built upon fundamental premises. We understand and appreciate that clients dislike losses and declines in their portfolio equity. Accordingly, we believe that we can and, in fact, should manage client portfolios in such a manner as to minimize losses during any and all market environments.