Approach
Investment Philosophy
Truenorth follows a conservative, fundamentals-based investment philosophy centred on capital preservation and sustainable long-term returns.
Markets are assessed through structured analysis rather than short-term sentiment. Portfolios are constructed to align with defined mandates, risk parameters, and investment horizons, with diversification applied to manage volatility and downside exposure. Quality, liquidity, and resilience are prioritised.
Portfolios are actively monitored and adjusted where necessary to maintain alignment with client objectives and prevailing market conditions.
Performance is pursued responsibly. Risk is managed deliberately.
Process
Investment Process
- 01
Client and Mandate Assessment
Clear definition of objectives, risk tolerance, liquidity requirements, and investment horizon.
We begin by understanding the client's institutional context, liability profile, governance requirements, and investment constraints. This includes a thorough review of existing mandates, regulatory parameters, and reporting expectations. The output is a documented investment mandate that serves as the foundation for all subsequent decisions.
- 02
Strategy Formulation
Development of investment strategies aligned to approved mandates and client objectives.
Based on the mandate, we develop a strategic asset allocation framework that balances return objectives with risk tolerance and liquidity needs. Strategies are stress-tested against historical scenarios and forward-looking assumptions, and reviewed by the investment committee before approval.
- 03
Portfolio Construction
Prudent asset allocation using approved instruments and diversification principles.
Portfolios are constructed using approved instruments across asset classes, with careful attention to diversification, correlation, and concentration limits. Security selection follows documented research processes, and all positions are sized within mandate constraints.
- 04
Implementation
Execution through regulated markets and approved counterparties.
Trades are executed through regulated markets and approved counterparties, with best-execution principles applied. Transaction costs, market impact, and settlement risk are monitored and managed throughout the implementation process.
- 05
Monitoring and Risk Oversight
Ongoing tracking of portfolio performance and risk exposure against the approved mandate, with adjustments made as market conditions evolve.
Portfolios are continuously monitored against mandate parameters, risk limits, and performance benchmarks. Risk analytics, compliance checks, and performance attribution are conducted on a regular cycle, with exceptions escalated to the investment committee for review and action.
- 06
Reporting and Review
Transparent reporting and structured client engagement.
Clients receive regular performance reports, risk analytics, and governance updates in formats tailored to their needs. Formal mandate reviews are conducted at agreed intervals to ensure continued alignment with objectives, and strategic adjustments are recommended where appropriate.
Asset Classes
Diversified exposure across approved asset classes, each managed within controlled risk parameters.
Money Market
Liquidity-focused instruments designed for capital preservation and short-term stability.
Fixed Income
Structured exposure to bonds and income-generating securities with controlled risk parameters.
Listed Equities
Disciplined exposure to listed companies through research-driven portfolio construction.
Property & Real Assets
Long-term investment opportunities in tangible assets designed to support capital growth and income generation.
Alternative Investments
Structured opportunities across selected sectors and non-traditional asset classes, subject to strict governance and risk oversight.