Our investment philosophy is based on three core principles, built on decades of research and experience. By applying these principles, we seek to deliver sustainable, long-term value for our investors.
We rely on sound economic theory and analysis to help us deliver long-term, repeatable results.
Systematically Applied A disciplined methodology underlies everything we do. Our investment process, built over 20 years, is based on a continuous process of design, refine, test, repeat.
Thoughtfully Designed In portfolio construction, risk management and trading, we seek additional value for our clients. Using both qualitative and quantitative tools, we’re meticulous in every detail of the investment process.
Our Risk Management team oversees all aspects of both financial and non-financial risks including Market and Liquidity Risk, Counterparty Risk, Model Risk, Operational Risk, and Technology Risk. The firm employs a robust Enterprise Risk framework, which provides for a strong governance structure and ensures independence in risk making decisions. We believe it’s important for Risk Management to interact closely with the Portfolio Management, Research, and Trading teams, working together in managing risk. Together, we aim to ensure that portfolios are manageable through sudden and severely adverse stress events.
For nearly two decades, our overall goal has been to build compelling and repeatable investments that are highly diversified across signals and regions, and within a risk-controlled framework. We apply this systematic approach across our strategies, catering to the widespread investment needs of our clients.
Strategies that provide pure implementations of individual styles, such as defensive, momentum and value.
These strategies harness the diversification and potential return benefits of investing in multiple well-known styles in an integrated fashion.
These strategies seek to provide consistent excess returns over common benchmarks. They combine established signals backed by academic evidence with proprietary signals based on rigorous research.
Strategies that build on Enhanced, but broaden the implementation universe through use of limited shorting in a 130/30 context while remaining beta-1 products.
These strategies differentiate by recognizing the inherent risks and opportunities that come with global equity investing. They pair our Enhanced Strategy alongside dedicated country and currency models for integrated alpha opportunities.
As for alternative investing, CSH Private Investment Fund has a long track record of managing the complexities of these types of strategies. By investing long and short, and balancing exposure to factors and asset classes, our alternative strategies are built to seek returns in both up and down markets. We offer both absolute return strategies, which target zero exposure to traditional markets, either at all times, or on average; and total return strategies, which maintain some exposure to traditional markets.
Absolute Return Strategy
Provides exposure to highly diversified portfolios, aggregating nearly all of CSH Private Investment Fund’s strategies in a multi-strategy format.
We offer convertible, merger and event-driven arbitrage strategies, or a diversified portfolio combining these strategies.
Equity Market Neutral
Employs a multi-factor, market-neutral investment process based on CSH Private Investment Fund’s broadest global stock selection capabilities.
Invests in major asset classes based on prices and macroeconomic fundamentals, using a variety of quantitative and qualitative inputs.
Alternative Risk Premia
Seeks to efficiently capture a diversified set of classic hedge fund styles and deliver them to investors in a transparent and liquid vehicle.
A diversified strategy that seeks to take advantage of price trends in global asset classes.
Identifies securities that show extreme undervaluation based on both our quantitative models, as well as a thorough qualitative review.
Seeks to provide an inflation-hedging, positive real return through a diverse mix of strategies and assets.
Seeks to harvest the return premia from well-known factors such as value, momentum, carry and defensive across asset classes and geographies.
Diversified Growth Strategies
Offers a wide range of return sources including market risk premia, alternative risk premia, and alpha, with less of the reliance on rising prices for traditional assets that traditional diversified growth strategies can have.
Employs our multi-factor investment process based on CSH Private Investment Fund broadest global stock selection capabilities, while maintaining a consistent net long exposure to the market.
Invests across global asset classes by risk allocation as opposed to capital, seeking to build a portfolio that is both broadly diversified, but not overly reliant on any single asset class.
Offers a diversified approach to alternatives investing, seeking to provide broad exposure to several different CSH Private Investment Fund strategies at the same time. ESG CSH Private Investment Fund is committed to helping our clients achieve their Environmental, Social and Governance (ESG) goals. Our primary objective for considering ESG issues is improving the risk/return trade-off of our clients' investments. We provide investors a variety of options to achieve their ESG objectives. Find out more about our ESG solutions and philosophy.
CSH Private Investment Fund tax-aware approach is informed by decades of research and experience managing traditional and alternative investment strategies. Our research has created new possibilities for U.S. taxable investors at the intersection of prudent investing, income tax planning, and estate tax planning. Learn more about our tax-aware approach and solutions.
CSH Private Investment Fund strategies are available in a variety of investment vehicles, from offshore limited partnerships to mutual funds and model portfolios. We also offer tax-aware implementation of some of our strategies, which may help taxable investors better reach their after-tax investment goals.
Institutional Investment Vehicles
We serve institutional investors—including pension funds, defined contribution plans, insurance companies, endowments, and foundations—with a range of vehicles to suit to their organization’s governance, pricing and liability needs.
Separate Managed Accounts
Collective Investment Trusts