“ A CONSERVATIVE ACTIVE MANAGEMENT ”

Specialization on the Fixed Income asset class exemplifies this approach and is applied across our areas of domain expertise in credit and convertible instruments.

• The conservative management aims to preserve capital in the medium term. This prudent approach is a central to our management philosophy. For this reason, we emphasize risk control and seek consistent performance results. The management philosophy of Schelcher Prince is also exemplified through our choice of financial instruments. Focus is on risk control.
• Our conservative management approach is complemented by an active management component that focuses on absolute performance. Here, the indices do not lead the management: they are only points of reference for us to beat. We are not bound by any regulatory constraints (as would be the case with AGIRC-ARRCO), to adjust our holdings according to the relative weight of particular securities in the underlying reference indices. This means that we can make independent decision based on the merits of each individual holding.
• A socially responsible approach enhances the quality of our investments.

We are convinced that corporate governance, transparency, respect for rules and rights of citizens become key elements of a company's performance. We believe that this approach should allow us now, and increasingly in the future, to provide additional quality to our investment process.