The basic building blocks of the economies are of interest to us. We use advanced quantitative processes to test and extend logical thinking in the research process. The aim is to understand the movements and behaviors of the key factors that drive the most important aspects of the economy.

We use systemized quantitative ways to analyze data whenever possible. This makes the research process more streamlined and repeatable, and gives us additional insights. The discretionary decision making, involving human logic and experience, is also important in this process, particularly as we analyze markets at disequilibrium. We do not trade systematically, but rather opportunistically and thematically.

Quantitative models are used to interpret market pricing and to identify regimes and patterns. A wide range of indicators are considered in the valuation of assets. Using the combination of our own fundamental projections and the analysis on market valuations, we project future behaviors of the market.

Trade exposures and parameters are adjusted dynamically in context of new developments, portfolio risks, thematic and factor exposures. The risks in the portfolio adjusts to the risk factors that we think is the best use of capital at any given time.