Guiding Principles

Guiding Principles


As a privately controlled and run company, we think and act independently.

Partnership and shared interests

We demonstrate commitment to our clients by pursuing common investment interests, remaining open and transparent with them at all times and considering ourselves as their partner.

Long-term orientation

We pursue long-term interests both as a company and when it comes to the orientation of our investment philosophy.

Clear focus

We are a specialised asset manager with a focus on investing in liquid securities. Our investment philosophy and strategy is consistent and is implemented for all our clients in a similar way. When our clients enquire about non-core areas (e.g. private equity, real estate, etc.), we either refer them to relevant external specialists or decline their request completely.

A passion for – and humility towards – the markets.
A willingness to learn and continue learning

Exploring the connections between macroeconomics, fundamental factors and investment psychology and using this information to navigate the international financial and capital markets is our passion.

However, making investment decisions under uncertainty amid constantly changing market conditions can occasionally result in suboptimal portfolio decisions.

With this in mind, we consider it important to respect the markets’ behaviour all of the times («at the end of the day, the market is always right»), be eager to learn, recognise any mistakes at an early stage and actively adapt to changing circumstances («acting» vs. «reacting»).

Although this is a continuous, repetitive and sometimes difficult and painful learning process, it is a vital part of our day-to-day work.

Uncompromising quality and competitive thinking

We set ourselves high standards when it comes to the quality of the services we offer and the portfolio results we achieve for our clients. We are competitive and relish the opportunity to tackle the competition we face.

Technology and efficient infrastructure

Our successful business model is based on efficient structures and processes. Our affinity for technology means we are constantly seeking to optimise our processes (trading systems with custodian banks and brokers, IT reporting infrastructure or web-based communication platforms).

Responsible Investment

We recognize our responsibility as an investor towards our clients, society, and the climate not to fund unethical or unsustainable companies. As a signatory of the UN-backed investor initiative «Principles for Responsible Investment» (PRI), we include ESG factors in our analysis and decision-making processes and work constantly to improve ourselves in this field.