About Athena > Investment Philosophy

Our research team is a uniquely talented group with expertise in global capital markets, risk management, and manager/instrument due diligence.  Athena excels in three primary areas: Strategic Asset Allocation, Tactical Asset Allocation and Manager Selection. 

STRATEGIC ASSET ALLOCATION

Athena builds investment portfolios based on long-term strategic asset allocations that seek to:

1. Achieve attractivereturnswhile balancing risk, return, and taxes.
2. Be robust under foreseeable economic circumstances.
3. Be well-diversified by type of market exposure and manager strategy.
4. Incorporate both historical and forward-looking expectations of asset and sub-asset class risk/return characteristics.
    

TACTICAL ASSET ALLOCATION

We seek to enhance portfolio returns by tactically adjusting exposures as market conditions change and opportunities arise.

We overweight exposures that we believe have attractive risk/return characteristics on a forward-looking basis and tactically underweight exposures that we believe are less attractive.

MANAGER SELECTION

We implement our asset allocation strategy using a mix of alpha and beta instruments in public and private markets as appropriate to the client's portfolio including hedge funds, private equity, commodities and real estate investments.

In less efficient markets, we are likely to express our views using an active management approach and our extensive sourcing network. 

In more efficient markets, we typically use more cost-effective, index-oriented instruments that are liquid and easy to rebalance.