Our Philosophy

Our approach — thoughtfully action oriented, performance driven and risk aware — is achieved through a culture where ideas are exchanged, innovation is rewarded and research drives performance.

Our Investment Philosophy

We believe that delivering strong and repeatable, risk-adjusted returns is possible through
  • An active approach: Based on creative thinking, sharing ideas and rigorous debate, and paired with disciplined oversight
  • A global research platform: Provides a rich source of ideas as well as key insights into new opportunities and market risks
  • Risk management: Built with a framework that ensures our investors’ assets are managed in line with their objectives and parameters

Experience a true global perspective

Macro view
  • Investment teams in North America, Asia, Europe, Middle East
  • Local insight into cultural, economic and political issues
  • Valuation framework
  • Global asset allocations
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Micro view
  • Discipline-based teams
  • Sector-based teams
  • In depth security research
  • Consistent company meetings

Our Approach

Our investment teams share a common set of values and a commitment to delivering the investment outcomes our investors expect, based on the following five tenets:

Performance expectations

Our ultimate goal is to provide portfolios with long-term, top-quartile performance potential. To that end, all teams must establish clear risk and return expectations. Portfolios and managers are monitored continually, and results are formally reviewed twice a year to assess adherence to strategy, product viability, and performance. And, to help ensure alignment of interests and to promote accountability, portfolio manager compensation is tied to performance results.


Each team has the freedom to construct portfolios and generate ideas in the way they believe is best; however; they must define a sustainable and repeatable investment approach and demonstrate how that approach can add value and alpha for clients. Then they must consistently follow their investment philosophy.


We believe that teams of diversely talented people—operating as an entrepreneurial group— drive success. Each team is made up of seasoned portfolio managers supported by fundamental and systematic research teams. We continually assess strengths, roles and resources to ensure the teams have the expertise they need to succeed.


Independent sources of alpha feed our investment process. We generate opinions from portfolio management, fundamental analysts, systematic research analysts and trading professionals. Opportunities are rated by each member of the team and debated collectively, and then the portfolio manager makes the final call on each investment.


Teams strive to create investment solutions that meet investor goals and deliver consistent, highly competitive performance against the benchmark and peer group. While we encourage our portfolio managers to take risks, we insist that they make highly informed decisions. We provide them with powerful analytics and resources to help them identify and test new opportunities.