By making a bespoke appraisal of our clients’
circumstances, we are able to focus on their
objectives and construct their investment
profiles, while adjusting risks and opportunities.
Under the supervision of the CIO, the Strategic
and Investment Committees identify trends, with
investment managers and external advisors
playing an active part in this process. Through a
combination of choices and decisions, they
generate diversified asset allocation models, which
are aligned with as many risk profiles as necessary.
A portfolio is a dynamic structure that echoes
the clients’ objectives in terms of protection,
growth and return. It is driven by a combination
of research, approaches, opportunities,
convictions and timing, and features a
succession of decisions and monitoring phases.
Open architecture provides access to the best
opportunities, while aligning us with clients’ objectives.
The combination of an approach reflecting
economic forecasts (top-down, core and
fundamental) and a selection of investments
chosen for their individual features (bottom-up,
satellite and tactical) balances portfolios around
a range of opportunities, while allowing us to
temper the risks incurred.
Managing anticipation and timing errors, and
pre-setting tolerance thresholds, is essential for
protecting portfolios, building and stabilising
returns. We assess risks dynamically and
recommend hedging according to preferences
and possibilities. We also report periodically to
our clients on our activity and results.