The cornerstone of our investment strategy is the maintenance to a discipline founded on the belief that asset class selection is instrumental in driving the performance of portfolios over time. Our investment process blends a macroeconomic driven, top-down selection process based on improving fundamentals combined with attractive relative valuation of multiple asset classes. This process results in a portfolio that owns the asset classes with the most attractive risk/reward characteristics. We scan globally to uncover opportunities that might not be apparent using a pure bottom-up approach. This process allows the portfolio to be very versatile and flexible, seeking to uncover the best opportunities across the investable universe.