Investment Philosophy

Our investment philosophy is based on the belief that the performance of a hedge fund or long only funds can be explained by five key factors:

• Directional bias - To market factors such as equities or commodities.
• Dependency - On certain market conditions or other factors in order to perform (e.g. Leverage).
• Liquidity - Less liquid investments earn an illiquidity premium.
• Concentration/Correlation - Outsized returns (up or down) achieved through concentration.
• Manager skill - Added value over and above the aforementioned factors.

By understanding these factors, OAIM aims to create a diversified portfolio of risks which should mitigate downside risks.

This philosophy is supplemented with a thematic approach to allocating capital based on the global opportunity set.