Our Investment Philosophies form an integral part our core values, beliefs and investment principles.
WE PUT YOU, OUR CLIENT FIRST, ALWAYS...
EQUITIES, FIXED INCOME & ALTERNATIVES
Our Investment Philosophies form an integral part our core values, beliefs and investment principles.
WE PUT YOU,
OUR CLIENT FIRST,ALWAYS...
EQUITIES, FIXED INCOME & ALTERNATIVES
OUR CORE INVESTMENT PHILOSOPHY
Our Investment Philosophy forms an integral part of our core values, beliefs and investment principles.
Our philosophies guide our investment and risk management processes as well as practices on a daily basis.
In order to achieve consistent, industry leading and superior risk adjusted returns for our clients over different economic cycles and comply with their investment objectives and policies, we adhere to an Investment Philosophy which focuses on in-depth use of:
1. Macro-economic;
2. Micro-economic,
3. Fundamental; and
4. Technical analyses.
In an ever more complex and rapidly evolving economic landscape, we further support our tactical Investment decision making with Intuition and ‘edge’. Without which, Alpha generation would remain elusive.
Our deep understanding of longer term economic, business and market cycles provides for positional contextualisation; which we believe is critical for us to maintain our disciplined investment approach and so our ‘edge’.
Over the years, Anneau has refined and has kept enhancing its Investment processes based on an Asset Class driven specialist approach. Anneau’s in‐house Investment, Research and Risk Management teams are central to Anneau’s success. As such, Anneau’s team of professionals have deep and significant experience in evaluating and selecting profitable investments for its client.
Our teams are organised into specialist and functional strategy groups that include:
1. Traditional Assets
- Equities (Publicly Listed)
- Fixed Income (Sovereign, Government, Corporate, Private Debt, Investment Grade, Convertibles, Mezzanine, etc.)
2. Alternative Assets (Liquid/ Illiquid- Real Assets)
- Commodities, Currencies, REITS and Hedge Funds (Liquid)
- Real Estate/Property/Infrastructure (Real Assets- Illiquid)
- Private Equity (Illiquid)
- Private Credit (Illiquid)
OUR CORE INVESTMENT PRINCIPLES
Our principles serve as the foundation for our system of belief, behaviour and for our chain of reasoning
“Without principles, markets often seem irrational and chaotic….” Amit Bakhirta
INVESTMENT DISCIPLINE
Anneau aims to continually refine its investment philosophies and processes while keeping its core principles intact.
A number of principles have characterised our approach to investing over the past decades:
1. Putting clients’ interests first is at the core of Anneau’s Investment Management philosophy. Anneau aims to co-invest at least 1% of all clients’ monies’ equivalent in Anneau’s Investment solutions. This invariably ensures that Anneau, its shareholders and employees have their interests closely aligned with those of their clients.
2. Anneau believes in creating valuable investment solutions and strategies formulated by our best in class in house talents such that our clients’ investment objectives are always exceeded. We strongly believe that a “one size fits all” approach does not cater to the variety of risk – return objectives pursued by our clients.
3. Anneau fundamentally believes that efficient processes lead to efficient outcomes. Anneau has therefore over the years crafted robust, reliable and effective investment processes founded on strong governance principles as well as checks and balances.
4. As such, Anneau believes that the combination of deep specialisation within our functional teams, with a collective approach to multi asset allocation & portfolio decisions at the Investment Committee level lead to better decision making; versus a more generalist model or one where a single individual makes all decisions.
5. We aim for our Investment solutions, as much as possible and depending on the investment strategy; to typically exhibit low market directionality (e.g., beta) and are therefore relentlessly focused on the pursuit of Alpha (which can be defined as the excess returns against a benchmark; .e.g. the stock market, a fixed interest rate, a targeted rate of return, etc.). Anneau strongly believes that Intelligent portfolio construction can materially improve risk‐ adjusted returns for ALL our investors.
6. We believe that significant value can be derived from the process of segregating strategic portfolio allocations and tactical portfolio allocations. As an investment firm; we are obsessively focused on finding our ‘edge’.
The resulting benefits of our investment principles flow directly to our end investors, as they should.
ASSET CLASSES SPECIFIC PHILOSOPHIES
Learn more about our Investment Philosophy for the multitude of Asset Classes that we invest in.
As Multi Assets Investment Managers, we invest in Publicly Listed Equities, Fixed Income and Alternatives.
Public Equities
Public equities are investments in the common stocks of publicly listed companies, both locally, regionally and internationally.
Fixed Income
Fixed Income refer to investments in the Debt issued by Mauritian and Sovereign Governments, Supra-nationals and corporate bodies.
Alternatives
Alternatives include Private Equity, Infrastructure, Energy, Real Estate/Property- REITS, Commodities and Hedge Funds.
