Philosophy & Objectives

Investment Philosophy

While FTIA has two primary investment strategies that use different approaches, the firm has some core fundamental beliefs that are broadly and tactically applied to both strategies

• Investments should be made when the appreciation potential exceeds the perceived downside risk
• Perceived risk is often inversely correlated to actual risk
• Fundamental, security specific analysis is the way to start – but the macro is also critical
• If the company performs, the stock eventually follows
• Mean reversion is one of the most powerful forces in financial markets

Broad Objectives

• To deliver superior, long-term investment performance by investing in attractive value opportunities and managing downside risk
• To communicate clearly and effectively with clients
• To preserve long-term relationships with clients
• To maintain the highest level of transparency, integrity and discretion