Mirabaud Asset Management, based in Geneva, has launched a multi-asset strategy to invest in traditional asset classes more dynamically.
The Dynamic Allocation strategy aims for long-term capital appreciation and protection by being able to react to market conditions more flexibly and steer away from the reference benchmark.
Pierre Pinel, CIO for asset allocation products and balanced mandates, says the launch is a response to a more complex investment landscape where “the risk-free rate has been replaced by rate-free risk and equities are more influenced than ever by political intervention and less influenced than ever by fundamentals”.
He adds: “Markets tend to move fast in shorter cycles and often finish at the same level they started at but with highly volatile periods in between. A passive approach will ultimately result in disappointing returns.”
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