Our asset allocation framework is built on the convergence of demographics, macroeconomic factors and technological innovation.
Financial markets are living, breathing entities that require dynamic reassessments. We are firm believers that the traditional 60/40 portfolio, which has performed so admirably over the last 50 years, will fail to deliver comparable returns going forward.
The recent global, fiscal and monetary response to the Covid-19 pandemic has reshaped the investing paradigm and accelerated concerns over mounting sovereign debts and the integrity of fiat currencies. Broadly speaking, the transformation from risk-free interest to interest rate risk now threatens fixed income allocations. Therefore, at present, we are predominantly public equity investors heavily focused on identifying companies that will reshape our future. Where there is innovation there is growth.
INVESTING IN INNOVATION
"In high tech, it is as if we are moving slowly on a ship, with new technologies looming, taking shape, through a fog of unknowingness. Success goes to those who have the vision to foresee, to imagine, what shapes these next games will take."
- W. Brian Arthur. Harvard Business Review, 1996
We utilize both top-down and bottom-up fundamental analysis to inform our investment decisions. We have identified six secular themes that transcend traditional sector boundaries. They are built on the pillars of innovative technologies leading disruption across industries. Companies associated with one or more of our subthemes make up our investment universe. We then analyze companies within segments to identify those with compelling competitive advantages, superior financial metrics and supportive relative valuations.
DATA CENTRIC WORLDData Infrastructure
Internet of Things
THE MODERN CONSUMERE-Commerce
Health & Wellness
DIGITAL FINANCEDigitization of Financial Services: Payments, Lending & Insurance
HEALTHCARE REDEFINEDPrecision Medicine
NATIONAL DEFENSEAerospace & Defense