Macro Analysis
Leading indicators, interest rates, credit spreads and inflation show where the economy is heading.
Wealth Management
We invest our own capital in a portfolio of long and short positions across sectors and markets, and manage it as one. The same discipline sharpens the judgement we bring to every business and property we buy.
We do not take, pool or manage client money.
How we invest
Long the best, short the rest. We aim to earn from choosing well, not from the market rising.
Market Regime
We judge whether markets are in a bull or bear phase. The regime sets how much we hold long and how much short.
Sector Rotation
Capital moves to the sectors the cycle favours, and out of those it does not.
Fundamental Screens
In each sector we rank companies on earnings growth, estimate revisions and valuation.
Qualitative Research
Management, guidance and the drivers of the business must support the numbers.
Long and Short Ideas
We buy the strongest companies and sell short the weakest.
Catalysts
Every idea needs an event that can move the price while we hold it, such as earnings.
Timing
Charts and price action set the entry and the exit. They time an idea; they never create one.
Volatility
How much a stock normally moves sets its stop, its target and the size of the position.
Position Sizing
Each position risks only a small, fixed share of capital.
Hedging
Longs and shorts are balanced, so the portfolio stays close to neutral to the market.
Diversification
Positions are spread across sectors and checked for correlation, so no single theme dominates.
Risk Management
Stops, limits and exits are set before every trade. Anything that breaks its limit is cut.
Review
Every trade is measured, and the results refine the process.
Compounding
Gains are banked and reinvested, so capital can compound over time.
Across the markets
Each view is taken through the instrument that expresses it best, long or short.
Equities
Long and short positions in companies across sectors and regions.
Bonds
Government and corporate debt, for income and as a hedge when growth slows.
Derivatives
Options and futures to hedge the portfolio, and to express a view precisely.
Only our own capital
This portfolio grows Assetree’s own capital. We do not take, pool or manage money for clients, and nothing on this page is an offer to invest.
Questions about our capital
Does Assetree manage money for clients?
No. This portfolio grows Assetree’s own capital. We do not take, pool or manage money for clients, and nothing on this page is an offer to invest.
How does Assetree invest its own capital?
In a portfolio of long and short positions across sectors and markets, managed as one. Long the best, short the rest: we aim to earn from choosing well, not from the market rising.
Which markets does the portfolio trade?
Equities, bonds and derivatives. Each view is taken through the instrument that expresses it best, long or short.
How is each idea chosen?
From the top down and the bottom up: macro analysis, the market regime and sector rotation, then companies ranked on earnings growth, estimate revisions and valuation, checked by qualitative research, with a catalyst for every idea.
How is risk managed?
Each position risks only a small, fixed share of capital. Longs and shorts are balanced, positions are checked for correlation, and stops, limits and exits are set before every trade.