Investment Strategy

  • Diversified portfolio across funds managed by skilled specialists in specific sectors, markets or styles
  • Larger allocation to funds with higher conviction
  • Low volatility core positions
  • Avoid material drawdowns
  • Preserve capital in tougher markets

Investment Process

  • Ongoing evaluation of managers and their strategies focused on:
    • Risk assessment and quality control
    • Market categories that are inefficient or undervalued
  • Manager due diligence to identify the best institutional funds in various market categories – highly selective:
    • Proprietary evaluation of factors impacting manager performance
    • Underlying manager interests are aligned with Athens, (i.e. they have a large investment in the fund alongside ours)
  • Asset allocation policy based on fund objectives and risk tolerance
    • Allocation driven by due diligence process
    • Strong emphasis on fundamental value funds
  • Continuous monitoring of managers
    • Extensive transparency to ensure adherence to stated strategy
    • We know and understand what our managers are invested in
    • Prospective managers prioritized for potential inclusion
  • Our ideal manager:
    • Excellent investing pedigree with depth in area of focus
    • Identifiable, measurable factors influencing track record
    • Disciplined AUM growth