The Investment Philosophy
The investment philosophy at Jadwa is derived from the extensive experience of its portfolio management team members. The philosophy uses a dynamic combination of Top-Down and Bottom-Up approaches with emphasis on either approach changing from time to time. This allows Jadwa to benefit from changing market conditions.
Bottom-up approach involves fundamental research conducted by the dedicated buy side research team. Significant emphasis is laid on company management meetings, constructing financial models and having in-house evaluations. Fundamental view of the research team is supported by technical analysis to determine timing of investments. This approach leads us to optimal security selection decisions.
Top-down approach encompasses study of regional and international fundamental economic indicators, outlook on sectors and study of geo-political factors. It also involves looking at market factors like volumes, volatility, investors’ behaviour etc. This approach leads us to optimal asset allocation decisions.