21 North
Advisors
Advisors
Regulated By Central Bank of Bahrain
Platinum Tower, 19th Floor, Seef Area, Manama, Kingdom of Bahrain Tel: +(973) 77 21 21 21 Fax: +(973) 77 39 39 39
Copyright © 2012 - 21 North Advisors
Many academic studies prove that the vast majority of long-term returns comes from asset allocation. Hence our focus is to initially choose the right blend of asset classes and then select the most suitable managers for each asset class. We do not try and pick specific stocks or bonds, but monitor and select the best, and most fee-efficient, managers for each asset class.
In particular, for the most liquid markets we typically favor index tracking funds. For example a fund that copies the S&P500 will cost only 0.1% per year and deliver a return equal to that of the S&P500. Active managers aiming to outperform the S&P500 can be lucky for a few years but statistically underperform over the long run.