Market forces

cash plus returns

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Global tactical asset allocation funds have been one of the main beneficiaries of the increasing interest among investment professionals for alternative asset classes

Two natural laws remain true about financial markets; the first is that they are agnostic - in the sense that there is no single all-knowing investment strategy that will satisfy all markets at all times. The second is that there is only one unshakeable constant in the universe, and that constant is change. Fortunately or unfortunately, this inherent volatility in the investment management universe has facilitated the evolution of an investment strategy that enables investors to exploit market instability and mis-priced assets in order to achieve risk-adjusted returns in excess of a clien...

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