Professional investment management

At The Chieduch Group, the thoughtful management of our clients’ investment portfolio is the foundation of our service offering. Based on your goals, income levels, priorities and risk tolerance, we construct and manage your portfolio using a personalized investment strategy – one that takes both profitability and sustainability into account and balances opportunity and risk.

Personalized portfolios

Your portfolio is comprised of individual securities in place of fund-based products, as this approach allows for a timely, tactical risk management in addition to full transparency and minimized costs.

Long-term goals, short-term focus

You may have a long time horizon, but taking a large drawdown can compound into a different future. We invest for the long-term by minimizing drawdowns and fine-tuning tactical exposures in the short term.

Our long-term outlook

Securing and retaining access to essential infrastructure, minerals, and energy sources will emerge as paramount priorities.

We stand at the precipice of a transformational phase in the global economy, ushered in by the realignment of major economic factions. As the Western & Eastern economic blocs grapple for dominance, we are witnessing discernible shifts in supply chain dynamics, punctuated by increasing geopolitical conflict – this is leading to escalating inflation, rising interest rates, and moderated growth projections.

Our long-term outlook

Reflecting upon the years that followed the Global Financial Crisis in 2008, it is evident that our global focus was primarily tethered to the accumulation of intellectual and technical capital. Pioneering advancements in software, electronics, and cloud infrastructure dominated the landscape, but not without repercussions. This singular focus inadvertently paved the way for a period of industrial inertia, notably outside the Asian markets. Our global physical infrastructure has shown signs of aging, despite gargantuan efforts, power generation capabilities remained static, and the equilibrium of supply and demand for pivotal commodities has become increasingly precarious.

As we cast our gaze forward, it is our conviction that the upcoming decade will be characterized by a resurgence in physical and industrial investments. Notwithstanding the profound transformations AI and other technological marvels offer, the foundational need for tangible investments in infrastructure and energy systems remains undiminished.

In a world that is progressively fragmenting into multi-polar zones, it is prudent to anticipate heightened contention over natural resources. As such, securing and retaining access to essential infrastructure, minerals, and energy sources will emerge as paramount priorities.

What Sets Us Apart

We prefer an approach that improves transparency and risk management.

We are fortunate enough to now manage well over $1 billion of client assets. We manage these assets in a much different way than the majority of our esteemed competitors, in part because we perform intensive research into individual securities and broader asset classes like equity, fixed income and alternatives.

What sets us apart

Most of our peers, although certainly not all, have moved away from direct asset management and now outsource the investment process to external managers – in some cases using ETFs and other index solutions exclusively.

At the Chieduch Group we prefer an approach that favors direct ownership over 3rd party management whenever possible. This eliminates additional layers of fees while improving transparency and risk management. In contrast to most of our peers, we invest heavily in external research and employ a dedicated lead strategist to facilitate an investment approach that is free of rigid thinking while constantly challenging our own biases. We believe that a meritocracy of ideas will lead to superior risk-adjusted outcomes, and we put this into practice through our guiding investment principles.

Our guiding investment principles

  • In an industry that has a reputation for complexity, we favour simplicity whenever possible. We believe a clean and straightforward portfolio helps clients more fully understand their investments, the risks being taken to earn return on those investments, and the rationale driving our decision making.
  • We avoid the use of unnecessary industry jargon: each of our investment views can be distilled to basic elements and communicated to a lay person. In our opinion, jargon is often used in the industry to conceal a lack of understanding or to direct attention away from underlying risks.
  • In all communication with clients, our objective is to empower and enlighten rather than obfuscate or confuse.
  • In our opinion, there is no one single system that can consistently generate outperformance over time. Instead, we view the consistent application of guiding investment principles to changing circumstances as the key to outperformance.
  • We believe the path to excellent performance comes not from a single “silver bullet” strategy, but from a constant focus on incrementally improving many different processes. The legendary British cycling coach Sir David John Brailsford calls this the “aggregation of marginal gains”, where optimizing many small processes is the key to substantial outperformance, even if the individual improvements seem modest in isolation. For us, this means taking a holistic view of clients’ objectives and exhibiting a dedication to improvement across every area of our expertise.
  • We believe good investment decisions come from healthy skepticism that avoids veering into cynicism. Markets are prone to periods of both excessive optimism and excessive pessimism, driven by emotional investing; we believe we can outperform during these periods of excess by focusing on rational, objective decision making that prioritizes long-term thinking over short-term performance chasing.
  • Economic realities are always changing, and while this dynamic nature of markets is one of the reasons we’re so passionate about investing, it also punishes investors who fail to adapt to a changing world.
  • We guard against complacency, particularly after periods of success when the risk of overconfidence is highest.
  • We avoid dogmatism by constantly testing our conclusions and seeking out opinions that run counter to our own – in our view, confirmation bias is a key risk that all investors must manage carefully in order to achieve long-term success.
  • We are not afraid to implement non-consensus positioning in portfolios and often hold views that are materially differentiated from the aggregated market.

Trust, honestly and truly

Let’s chat

Your interests are our interests, and we care every bit as much as you do about achieving your life’s goals.

Trust, honestly and truly

Your interests are our interests, and we care every bit as much as you do about achieving your life’s goals.

Let’s chat