Montec Capital
Investment philosophy
Institutional management dedicated to private clients
Our investment process is rigorous, dynamic and tailor-made to meet the different needs and expectations of our clients.
After analysing and quantifying your risk profile, we build a strategic asset allocation to ensure consistent performance over a given investment horizon. In addition, we complement the portfolio with more opportunistic choices that take account of market momentum or macro themes. The portfolio and its composition are reviewed regularly.
Investment process
Our investment process
Detailed below
- 01
Risk profile analysis and quantification
Analysis of your risk profile, your return expectations and your investment horizon.
- Initial meeting
- Assessment
- Quantification
- Risk calibration
- Mandate framework
- 02
Strategic asset allocation
An allocation aiming for consistent performance over the investment horizon, built around three components: long, alternative, tactical.
- Long
- Alternative
- Tactical
- 03
Macro convictions and their financial implementation
Macroeconomic themes identified, then translated into concrete positions: ETFs, capital-guaranteed products, option strategies.
See examples - 04
Opportunistic choices
Tactical complements that take market momentum into account: market views, hedging, use of derivatives.
- 05
Monitoring and regular review
Continuous risk control; the portfolio and its composition are reviewed regularly.
01Step 01 · detail
Tailor-made risk profiles
Each mandate is calibrated to the client’s own risk profile, measured by VaR.
- 01
Initial meeting
Your objectives, your horizon, your liquidity needs and your constraints.
- 02
Assessment
Your financial situation, your knowledge, your capacity and your tolerance for losses.
- 03
Quantification
The accepted risk is translated into a quantified risk profile, measured by VaR.
- 04
Risk calibration
Your portfolio is calibrated to this profile, rather than chosen from a fixed range.
- 05
Mandate framework
This calibration becomes the reference for management and is reviewed regularly.
Profile examples · for different risk calibrations
Calibrated to your own risk profile, at any point on the scale.
For illustration only; not a recommendation.
02Step 02 · detail
Asset Allocation
The asset allocation is constructed according to the client’s risk tolerance and return expectations.
Risk profile & return expectations of the client
Global strategy
Long
High allocation
- Portfolio rotation based on macro scenarios
- High-beta strategies
Complement
Alternative
Limited allocation
- Convex strategies
- Steady-return strategies
- Uncorrelated strategies
Complement
Tactical
Flexible allocation
- Market views
- Hedging / use of derivatives
Contact
Let’s work together on your next project
Beyond words and explanations, and in keeping with our personalised approach, please do not hesitate to contact us.