Equities
The four-stage funnel that narrows 1,100 companies to 30 to 40, and the criteria applied at each stage, are set out on Private Asset Management. Two features of it decide what it can do. The screen is sector-agnostic, so a company is neither admitted nor excluded because of the sector it belongs to. And the discounted cash flow model that determines fair value is standardised, and applied uniformly across sectors. The result is reviewed on a continuing price-to-fair-value basis rather than at fixed intervals, and the whole process repeats in order to refresh the eligible universe. The Core Holdings portfolio is available in US dollars, Swiss francs, euros and sterling.Fixed income
Two separate pieces of work, done by the same team. Strategy establishes where the economic cycle stands and what that implies for rates and spreads. Selection screens for value bond by bond, across four currencies and across investment grade, high yield and hybrids, on a proprietary process that is deliberately independent of agency ratings. Both are set out on Investment solutions.Funds
Where a portfolio is built from funds rather than single lines, fund selection carries the whole allocation, so the due diligence is the control. Bordier’s own funds are managed on the same approach as the largest portfolios it runs, drawing on the in-house research department of economists, equity analysts and credit analysts.Related
- Portfolio construction, how selected holdings are combined.
- Alternative investments, selection in private markets.
- Investment solutions, each asset class in full.
General information only. Not investment advice, not a solicitation and not an offer. Eligibility, services and terms differ by jurisdiction and by client. Speak to your banker about your own circumstances.