The strategy is to pick the 30-50 top stocks in a global universe based on a 100% bottom-up process. Only stocks that meet the investment criteria are included.
In-house developed quantitative models make up a substantial basis for the investment process as the in-house developed models are essential to the risk management and portfolio decisions.
The strategy is, through the help of positions in short and medium-term FX instruments, to buy currencies that are assessed to be undervalued and to sell currencies that are assessed to be overvalued.
The objective of the strategy is to optimize the risk-adjusted return compared to the global equity market (MSCI AC World).
Portfolio construction and risk management are an integral process with the purpose of creating alpha from security selection and at the same time be market-neutral macro-factors such as risk free yields and FX.
The strategy has a screening process which avoids companies with challenges in relation to international conventions and specific activities.