Asset Management
Asset Management is the core activity of Third Rome – our expertise has been developed over the course of 20 years in Russia, Cyprus, Europe and the US.
Our carefully selected team of managers, which includes former managers from reknowned organisations like DFG, Alfa-Capital, Renaissance, Antanta amongst others have successfully led their portfolios through the crisis and continue to show sustainable results.
Relative return strategies –
are the strategies, in which a list of available investments is limited to one asset class.
These strategies' return levels are correlated to the profitability of the relevant class of assets (benchmark). In every phase of the economic cycle just one or two asset classes have best risk return characteristics. Accordingly, the correct choice of an asset class largely determines the profitability in the short term. The added value of these strategies ("alpha") is in achieving a higher rate of return adjusted for risk rather that of a chosen benchmark.
| Strategy | Inception Date | Performance (annual) | Benchmark (annual) | Performance for 10.2015 | Benchmark |
|---|---|---|---|---|---|
| Fixed Income Global Investment Grade | 13.10.2009 | 6,01% | 1,83% | 0,78% | 0,09% |
| Fixed Income High Yield | 01.10.2009 | 8,75% | 7,73% | 1,39% | 2,87% |
| Global Equity Strategy | 01.01.2012 | 11,9% | 8,7% | 8,9% | 7,7% |
Multi class absolute return strategies –
are the strategies investing in different asset classes, which correspond to classical hedge fund strategies.
These strategies do not have a benchmark, but rather there is a limit on the level of risk in the portfolios themselves. The risk (volatility) of the portfolio is reduced through the combination of uncorrelated assets, as well as long and short positions. The purpose of such strategies is to achieve positive dynamics in the long term, regardless of the dynamics of the individual asset classes or the economic cycle. The level of expected return depends on the level of risk.
| Strategy | Inception Date | Performance (annual) | Benchmark (annual) | Performance 10.2015 | Benchmark |
|---|---|---|---|---|---|
| Global Macro | 01.01.2010 | 5,21% | 0,69% | 1,05% | 2,14% |
| Market Neutral Quantitative Strategy | 01.01.2012 | 19,02% | -0,83% | 1,04% | -0,99% |
| Fixed Income Special Situations | 24.11.2009 | 12,68% | 6,87% | 2,33% | 9,89% |
| Small Caps Value | 30.10.2009 | 8,78% | -9,63% | 9,33% | 4,70% |
