DECALIA considers itself above all as an investment technician. The company therefore applies to private wealth management the techniques that have proved themselves in the most demanding area: institutional asset management.
Performance results from discipline
Even though DECALIA firmly believes in talent, it is convinced that long-term performance can only be the result of a rigorous methodology and a disciplined and consistent investment process, based on sound macro-economic scenarios and fundamental analyses.
Grounded on a thorough in-house reflection and the external input from acknowledged experts, the Strategy Committee meets once a month to determine an allocation, which defines, depending on the client’s risk profile, the exposure to the different asset classes, geographic areas and currencies.
On the basis of these strategic allocations, a “bottom up” approach, which takes into account both a fundamental micro-economic analysis of companies and a relevant investment fund selection, is then applied in order to build model portfolios for each risk profile and reference currency.
This process is implemented every week during an ad hoc Investment Committee, in order to review investments and adapt model portfolios for each investment profile.
During these meetings, analysts suggest new investment opportunities, purchases or sales of securities, fund switches or necessary currency adjustments.
When the general allocation is implemented into each account, special care is taken to ensure that investment constraints are taken into account, both in terms of allocation and stock selection, depending on personal, tax and legal considerations specific to each client.