Access to the Widest Opportunity Set across the world’s asset classes, regions and sectors
Message from the Founder
After a long career as a derivatives trader and manager of large trading teams, in 2015, I developed an investment strategy to manage our own family's money that I had been working on since the Global Financial Crisis. I called the strategy “Global Market Income (GMI)” as it is a systematic, multi-asset, "global macro" strategy incorporating the carry, quality and value factors. While designing the strategy, I also developed the technology that underpins it, which I have named D-SIDE(Digital Systematic Investment Decision Engine). D-SIDE is our proprietary software application that runs our strategy following our methodology. At the time I was driven by my frustration with the investment products on offer and the high fees associated with them. Once my strategy was implemented, over the course of several years delivering on its double-digit absolute return objective, we received requests from other professional investors to invest in it. At that point, in 2017, we partnered with Privium Fund Management in order to acquire regulated status and accept third party money. You can see how "GMI" performs compared to its "Global Macro" peers in Asia as ranked by AsiaHedge here. For more information about its performance since inception, please contact us.
I subsequently wrote a practitioner’s analysis about my investment methodology. It outlines how incorporating the Alternative Beta approach into our systematic investment process is accretive to the other return drivers in our investment strategy and greatly enhances the portfolio’s risk adjusted return profile. GMI embraces diversification, tax & cost efficiency and robust risk management. It was designed to capture the many sources of income from assets that many strategies either do not capture or do not actually deliver to the investors. We privilege the use of listed derivatives over cash securities such as ETFs in order to optimize cash consumption in a cost effective fashion, while delivering a highly precise exposure to an asset or index, across asset classes. The CME (Chicago Mercantile Exchange) explains some of these advantages well on their site. We also use managed accounts with Interactive Brokers in order to cut the layers of fees that investors have to pay when investing in fund vehicles, and also to minimize execution & custody costs and allow our investors to have their money professionally managed where it sits (ie in their IB account). Since launching GMI, we have added to our product line-up with a Fixed Income focused product called the The Bond Income Portfolio, a High Dividend Tracker called HDIV and also with Forex risk hedging and cash management solutions. All of our strategies and solutions follow the same systematic process. Our goal is to harvest maximum income and value from financial assets.
– Alain Groshens, Founder
Our Strategies
Global Market Income (GMI): ACCESS THE WIDEST OPPORTUNITY SET ACROSS THE WORLD'S ASSET-CLASSES, REGIONS AND SECTORS
The GMI evolutive strategy has been designed during the aftermath of the 2008 crisis and has been continuously adapted and enhanced since then. It has an objective of double digit returns, single digit volatility and capital preservation within the new global market paradigm of low interest rates, uncertain economic growth, asset volatility and high impact geopolitical events. Contact us for a copy of the latest factsheet.
MULTI-ASSET
LIQUID WORLD MARKETS ACROSS ASSET-CLASSES, REGIONS AND SECTORS
The strategy is primarily allocated in Equity and Bond Indices with opportunistic exposures in Commodity and Currencies. The universe of assets comprises the 100 most liquid listed benchmarks and indices in the world (e.g. Nikkei, Euro corporate bonds, Gold, EURUSD). There is no single corporate name risk
SYSTEMATIC
VALUE, QUALITY AND CARRY FUNDAMENTAL FACTOR METHODOLOGY
The asset allocation is rule based and follows a systematic fundamental methodology that we call Alt-Beta Second Generation (Alt-B2G) as it has 3 defining features compared to a traditional rules based process (see our methodology below).
BOND INCOME PORTFOLIO (BIP): THE BOND INCOME PORTFOLIO ACCUMULATES INCOME FROM BONDS WITH COMPELLING VALUE AND YIELD.
The portfolio’s objective is to provide income investors can count on regardless of market conditions. Contact us for a copy of the latest factsheet.
FIXED INCOME
FIXED INCOME MARKET OPPORTUNITY
The portfolio allocation takes advantage of the new paradigm of modern monetary policy applied by central banks that provide low and controlled refinancing rates to the financial institutions, corporations and governments in order to minimize default events.
SYSTEMATIC
VALUE, QUALITY AND CARRY FUNDAMENTAL FACTOR METHODOLOGY
The asset allocation is rule based and follows a systematic fundamental methodology that we call Alt-Beta Second Generation (Alt-B2G) as it has 3 defining features compared to a traditional rules based process (see our methodology below).
Our Methodology - Alt-B2G
There is a clear return and risk objective
It continuously adapts to market risk regimes and new events.
It is actively supervised by experts. It is an active strategy.
Find out more about our proprietary systematic methodology:
Contact us to learn more about our strategies' monthly performance and our risk hedging and bespoke solutions
All SFC regulated activity is conducted by Privium Fund Management Limited, Suite 2606, 26th Floor, Prosperity Tower 39 Queen’s Road, Central Hong Kong, SFC License No. BGR298
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