Is your fund manager taking enough risk?

Loss aversion and risk aversion are powerful cognitive biases that affect everyone, even professional fund managers. The returns delivered by global flexible funds over the last decade suggest that the experience of the Global Financial Crisis and a number of other complicating factors led to the average fund managers being too conservatively positioned. Northstar’s fundamental analysis process and emphasis on quality assets help to create asymmetric returns by enabling our portfolios to participate in most of the market’s upside, while avoiding large drawdowns, generating superior risk-adjusted performance.