The core components of VPAM’s investment strategy are return and carry and behavioural price episodes. Specifically, we seek to take on the emotional sources of price volatility that are inconsistent with fundamentals.
In addition to capitalising on these episodes, we pursue high risk-adjusted carry in instances where it is being compensated to take risk. We employ a strategy that strives for a low correlation to traditional risk assets.
We aim to provide investors with absolute returns, through-the-cycle, by integrating a systematic quantitative approach to behavioural investing. The strategies and instruments employed vary at different points in the cycle.
VPAM achieves exposure primarily through exchange traded funds, index futures, equity sector baskets, swaps, options, FX and FX derivatives, each of which are traded through recognised exchanges or via the over-the-counter markets.