Using a combination of macro and relative value strategies, the underlying philosophy is to construct contingent strategies whose outcome will be crystallized by an expected event occurring within a predetermined period of time.  Macro-economic data are evaluated to identify likely future economic scenarios. Asset classes are then analyzed on the basis of this macro framework to identify attractive investment opportunities. However, the fund is not a simple sum of single bets but it is molded into a general view of the global economy. Once single bets in different asset classes are identified, the correlation between them is measured and hedge positions are put in place to protect capital.

Finally risk management is rigorously enforced. Exposure limits are enforced and positions are liquidated if new information indicates the market has changed. The portfolio has the flexibility to allow us to navigate any market condition and steer the portfolio into profits. During the market lows of March 2009 we positioned the account conservatively and protected investors capital throughout the global downturn. With major economic trends still to develop - post the economic downturn - we see many economic dislocations coming from unsynchronized global economies and opportunities capturing early trend developments in the global markets

The Natural Resources account was established in June 2009. The primary objective of the natural resource fund is to identify investments with potential for high returns in the natural resource sector. Our investment approach is top down. Based on broad economic trends and future projections we choose industries which will benefit the most from these projected scenarios. We then use our links to the natural resource world and deal flow information to pick commodities and stock of natural resources firms to build the portfolio. Our experience in the natural resources industry and a history of assisting natural resource companies gain access to international capital markets enables us to identify new financing opportunities that generate significant returns.

We have a constant focus on risk management. We only invest in companies where the management team is well known to us. We limit the size of individual transactions based on our overall investment capital with a view to managing our total portfolio risk, liquidity and levels of diversification. Profit realization options are indentified prior to the investment being made. As a result, the natural resources account has provided our investors with outstanding returns.