The DNA growth of absolute return

Formula-defined risk and returns - without active management risk

The first 10 years of the 21st century may be remembered as “the decade of asset bubbles”. First, we saw the technology and internet bubble, with many investors losing more than half of their invested capital. Then we saw housing, commodities, complex CDOs and leveraged buy-out loans all of which were created by excessive leverage. Further, twice in 10 years, investors lost money over a five-year investment period, while also grappling with the dilemma of increased stock market volatility and low interest rates. The credit crunch and collapse of Lehman Brothers in 2008 stoked investors’ ...