Asset allocation and diversification form the foundation upon which the majority of the investment advisory industry is built. To this day these remain powerful tenants of designing a prudent investment strategy.

In our opinion the industry has done a poor job of merging investment "theory" with the realities of capital markets and the interconnectedness of a global economy. To address this we believe the following four key principals must part of any investment strategy that hopes to succeed.

  • Valuations Matter - owning overvalued assets will lead to poor future returns, therefore you must use more than a simple "buy and hold" approach to succeed.
  • Risk is NOT a statistical measurement (volatility). True risk is loss of principal.
  • Invest with Flexibility
  • Invest with “Best in Class” Investment Managers