Martin Deurell

Provides investment advice

SW1 is an active, team-based manager which utilizes a multi-strategy approach to target absolute returns with low correlation to equity and fixed-income markets, integrating macroeconomic fundamentals (business cycle dynamics, structural economic, social and technological shifts, the impact of government monetary, fiscal and regulatory policy, and geopolitics), market themes and technical conditions to identify investment opportunities. In pursuing market themes, the firm evaluates market commentary, research and professional press, analyzes investor perceptions and flows, and identifies key market drivers. They examine technical conditions, monitoring price action, momentum and emerging trends, gathering available investor positioning and sentiment data and set stop loss and target levels. SW1 identifies the asset class that is most directly impacted by the view and conducts relative value analysis to optimize the best risk/reward trade, most asymmetric pay-off profile and then selects between an outright position or option strategy.

Abaco is an active, market-neutral manager which manages their equity fund, aiming to generate absolute returns by capturing relative value within the financial sector while targeting low volatility. The firm constructs a long/short portfolio with a European bias. They do not take concentrated positions and candidates for inclusion are assessed for their marginal contribution to portfolio diversification before they are added. The top-down elements of their investment process, the medium-term idea generation component and the knowledge base of their portfolio managers allows them to isolate the fundamental drivers (operational, sector and macroeconomic) for each sector and stock in their universe. They model company financial performance based on the relevant drivers and calculate an earnings sensitivity per factor. Earnings under various economic/sector scenarios are then extrapolated and probabilities attached to the scenarios. Abaco manages their fund with multiple time frames as they always have trading positions as well as core investments.