Investment Process

At Global Evolution, we have developed a unique investment process, based on our top-down sovereign approach. The investment process has remained consistent through various market events and cycles for more than a decade. We generate investment ideas through a continuous exchange of ideas among members of our investment team and from collection and comprehensive analysis of data. The investment process has four core aspects:

Market Watch – We first determine the over-all portfolio risk profile in each of our strategies by analyzing global macroeconomic and political trends and market technicals to provide an overall framework for portfolio construction.

Country Watch – We then analyze macroeconomic and political conditions in each of the 125 countries in our universe. We use our proprietary Information Center to monitor, document and support the ongoing analysis of each country from a detailed economic, political, currency, financial and demographic viewpoint. In this phase we form our view on each country's strategic long-term investment potential and conduct a detailed country risk assessment.

Relative Value – Among the various opportunities that might be available at any one time, we make relative value assessments (inter- as well as intra-country) utilizing our proprietary relative value models. This leads to the final Portfolio Construction.

Risk Management – A necessary element of any top-performing manager is a feedback loop that identifies the common set of factors driving risk and performance. Risk Management analyses are conducted pre-trade as well as post trade.