A disciplined focus on the macroeconomic drivers of performance
Rarely does the same sector remain in favor year after year.
Through a disciplined analysis of 200+ global and domestic indicators, we form a macroeconomic outlook on which sectors, regions, and securities are most likely to outperform. Ultimately, we make allocation decisions based on the data, regardless of short-term market sentiment. This is where wisdom grounded in data makes a difference.
Data drives high conviction
Successfully navigating market trends, risks and cycles takes wisdom and discipline. Our process employs exhaustive research and analysis to screen out noise, avoid biases, and focus on the most important information. Our approach is differentiated by methodical analysis to discern what data matters most and when – knowledge which supports high-conviction decisions.Learn more
Active strategies based on macroeconomic analysis and conviction
Employs active allocation across global equity markets in pursuit of long-term capital appreciation.
Blends global equity growth potential with U.S. fixed income for stability.
Emphasizes capital preservation through an active fixed-income allocation with growth potential from global equities.
Employs high-conviction sector allocation and avoidance driven by macroeconomic analysis.
Commentary | Q3 2022
While some economic data remains sound, deterioration in other data suggests a maturing economic cycle. We believe the Fed’s monetary stance has increased the risk of recession, and we see potential for disappointing earnings, particularly for more economically sensitive parts of the market.
Our unique market and macroeconomic insightsCommentaries
Highlights | Q4 2022
Macroeconomic highlights – Q4 2022
Key trends impacting our investment decisionsMacroeconomic Highlights
Research | Q4 2020
Growth and Value style allocation is widely utilized, but, in our view, active sector allocation offers the potential for greater and more consistent excess return.
What the data reveals about emerging trends and the macroeconomic outlookResearch