Investment philosophy
Principles & Investment process
ALTRAFIN employs a globally oriented, flexible, and theme-based top-down investment approach that prioritizes risk-adjusted returns. The company emphasizes risk management throughout portfolio construction and management, focusing on active asset allocation. Experience demonstrates that a limited number of well-timed asset allocation decisions annually have the most significant impact on portfolio performance.
Once top-down investment themes and allocations are established, portfolios are constructed bottom-up using selected equities and ETFs, guided by both quantitative and qualitative criteria. ALTRAFIN places priority on interpreting current capital market indicators and their direct effect on security prices, recognizing the very low predictive accuracy of financial market forecasting models.
Valuation data is categorized into two main areas: (1) fundamental indicators (“How Markets Should Be Acting”) and (2) behavioral & technical indicators (“How Markets Are Acting”).
Sustainability considerations are also integrated into ALTRAFIN’s investment and decision-making process; companies not meeting specific ethical standards are excluded from the investment selection process.
ALTRAFIN believes that ecologically and socially sustainable companies are financially more successful over the long term, offering attractive opportunities from an investment and risk management perspective.
