Investment strategy
As markets become more complex and the number of accessible investment vehicles grows, investment strategy has become increasingly important. Establishing appropriate allocations across multi-asset classes, multi-style opportunities, and ensuring flexibility to adapt our investment strategy to changing circumstances, are key value drivers within our process.
Our tactical asset allocation views cover the main asset classes and regional markets. They are based on the systematic review of the following three groups of indicators:
- Fundamental: macro-economic indicators and monetary policy within major markets, as well as company earnings evaluation
- Valuations: in relative and absolute terms through specific models (both internal and external sources)
- Technicals: behavioural finance, positions, sentiment and flows from large investors, technical analysis based on quantitative and qualitative indicators
