Governance
A Framework Built for Accountability and Long-Term Stewardship.
Strong governance underpins every portfolio we manage. Our process is designed to ensure decisions are evidence-based, risks are continuously assessed, and client objectives remain central. Oversight is shared across experienced investment professionals and an independent advisory committee who challenge assumptions, validate methodology, and ensure alignment with our investment governance principles.
Principles
The Foundation of Long-Term Success.
Our investment philosophy draws on global endowment practices and academic research — designed to preserve capital, control risk, and compound returns over time.
Real-Time Risk Alignment
Diversified by Drivers
Consistent Risk Discipline
True Defensive Assets
Asymmetric Return Focus
Liquidity & Capital Efficiency
Institutional Partnerships
Fee Integrity
Technology-Driven Efficiency
Radical Transparency
Process
How We Invest.
Our rules-based process translates philosophy into action through a disciplined sequence.
01
Define Objectives
Clarify the purpose, time horizon, spending rule and constraints.
02
Calibrate Risk
Detail the portfolio's equivalent equity risk, agree drawdown expectations and benchmark.
03
Portfolio Construction
Diversification across market risk exposures (7 core Betas) in partnership with institutional exemplars.
04
Execute Systematically
Deploy modern technology to monitor, store, manipulate, and present data including the maintenance of risk targets.
05
Review and Evolve
Allocate experienced resources to performance and attribution analysis, and macroeconomic themes in real time.
Performance, Risk & Attribution
How We Demonstrate Results.
Every portfolio is continuously measured against meaningful metrics — not just headline returns. By combining endowment-style discipline with live analytics, we help clients understand:
- How their capital is performing
- The risks being taken
- What is driving outcomes
Fund Snapshot
Important Notice — Information Currency
Due to a technical synchronization issue, the performance data displayed below is current only as at 30 June 2025 and has not been updated to reflect the most recent reporting periods. These figures do not account for market movements or fund performance occurring after this date. We are currently working to restore live data feeds. Please contact us for a current performance fact sheet.
Since Inception Return
11.16%
1-Year Return
12.06%
Risk Budget
~75%
Equity exposure
Max Drawdown
-6.17%
(vs. peers -11% to -18%)
Inception Date
1 Oct 2019
Liquidity
60%
Monthly redemptions
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What Drives Returns.
Portfolio attribution is analysed across the seven core market risk exposures and is monitored daily using our proprietary analytics engine.
Contribution to return
Identifies which exposures and decisions added or detracted from total performance. We think in generations, not quarters. Every decision is made with the long-term preservation and growth of capital in mind.
Contribution to risk
Reveals which parts of the portfolio drive overall volatility and drawdown sensitivity.
Factor exposures
Shows how the portfolio is positioned across key economic and market risk drivers.
Manager-specific attribution (where relevant)
Separates market effects from manager skill to assess true value added.
“We measure what matters — performance, risk and the drivers of return."
Nigel Renton, Founder & Principal
Technology
Oversight powered by innovation.
Advanced analytics and machine-learning tools support real-time risk monitoring and performance attribution.
Portfolio risk and outcomes are reviewed by experienced investment professionals and an advisory committe who challenges assumptions based on decades of experience.
Enduring partnerships. Proven success.
We believe disciplined execution of transparent investment governance principles delivers superior outcomes for clients who think in generations, not quarters.
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