Value
Relative and absolute valuation: is the company priced attractively against its fundamentals, its peers, and its own history?
The Alpha strategy
The active path.
Systematic, not gut feel.
A concentrated portfolio of individual global stocks, selected by our quantitative models and overseen by people, for experienced investors who want to try to beat the market rather than track it. Risk profiles 6 and 7, from €70,000. Higher potential comes with higher risk, and we say so plainly.
Capital at risk. Investing involves risk: the value of investments can go down as well as up, and you may get back less than you invested. Past performance and any simulated/back-tested performance are not reliable indicators of future results. Tax treatment depends on individual circumstances and current law, both of which can change.
First things first
Alpha is not for everyone. By design.
- Experienced investorsPeople who have lived through market falls and understand what a concentrated portfolio can do, in both directions.
- Higher risk profiles onlyAlpha is offered exclusively to risk profiles 6 and 7, and only where the suitability assessment shows it genuinely fits.
- Long horizons and patienceAn active strategy needs time to work. It is for money you won't need for years, with a minimum of €70,000.
And who it's not for: a first portfolio, short-term money, or anyone uncomfortable with sharper swings in value. For most investors, our Smart Beta strategy is the more suitable path, and we'll tell you so.
How we select
Around 30 signals, six dimensions, zero gut feel.
Instead of stories and hunches, our models score companies across roughly 30 signals grouped into six dimensions. The highest-ranked, tradable names make the portfolio. Every stock has to earn its place on the evidence.
Earnings quality
Forensic accounting and financial integrity: do the reported profits turn into real cash, and are the books as healthy as they look?
Growth
Growth and fundamental acceleration: is the underlying business genuinely improving, and is that improvement speeding up?
Momentum
Price and volume momentum: are established trends supported by real trading activity rather than thin enthusiasm?
Sentiment
Sentiment and institutional behaviour: what are informed market participants actually doing, not just saying?
Risk control
Low volatility and risk control: signals that temper the portfolio and keep any single bet from dominating the outcome.
Models and people
Machine learning helps. People stay in charge.
Unlike simple linear models, our machine-learning layer captures interaction effects and non-linear relationships between signals, and ranks a large global universe objectively, which helps shield decisions from human bias.
But the models inform a disciplined process we design and oversee: people set the rules, the limits, and the risk framework. And because the strategy combines many signals, no single one failing can derail the portfolio.
Where it invests
Where disciplined selection has room to work.
A concentrated, roughly equal-weighted portfolio focused on global small- and mid-cap companies, with selective micro-cap exposure, plus defensive bond ETFs.
- Small and mid capsSegments less picked-over by large institutions, where research effort can still uncover mispricing.
- Concentrated by intentA focused portfolio of the highest-ranked names, so conviction isn't diluted into an index in disguise.
- Roughly equal-weightedEach position carries similar weight, so the result depends on the process, not on one outsized bet.
- Rebalanced monthlyModel-driven: positions that no longer rank make way for those that do.
| At a glance | Alpha |
|---|---|
| Goal | Seeking to outperform the market |
| Implementation | Individual global stocks + defensive bond ETFs |
| Approach | Active, quantitative, with a machine-learning layer |
| Rebalancing | Monthly (model-driven) |
| Risk profiles | 6 and 7 only |
| Minimum investment | €70,000 |
The honest part
The risk, in plain language.
Trying to beat the market means deliberately being different from it. That difference is where any outperformance would come from, and it is also where the risk lives.
Higher volatility
A concentrated portfolio of smaller companies swings more than a broadly diversified one. Expect a bumpier ride, in both directions.
Deeper drawdowns are possible
In bad periods the value of the portfolio can fall further than the broad market, and you may get back less than you invested.
Liquidity constraints
The smallest names trade less, which can make positions slower or costlier to adjust, especially in stressed markets.
No outperformance is promised
A disciplined process improves the odds of a good decision, not the certainty of a good outcome. Periods of lagging the market are part of any active strategy.
This is why Alpha is gated. We offer it only to risk profiles 6 and 7, and only where the regulated suitability assessment shows it genuinely fits you. If it doesn't, we'll recommend a different path rather than sign you up.
Fees: in the open
See exactly what you pay.
No transaction fees, no surprises. A high-water mark means the performance fee is only charged on genuinely new gains, above the highest value your portfolio has previously reached.
| Alpha | |
|---|---|
| Management fee | 1.3% + VAT / year |
| Custody fee | 0.2% / year |
| Performance fee | 20% + VAT of positive return, high-water mark |
| Trading / execution | €0, we cover them |
| Underlying fund costs | None (direct stocks) |
On request, as part of a consultation, we'll walk you through the full strategy: the methodology, the assumptions, and how we manage risk.
We don't put performance figures on our public pages, and we don't lead with back-tested numbers, because simulated results are not realised results. We'd rather earn your trust with a clear, honest explanation of the process.
Capital at risk. Investing involves risk: the value of investments can go down as well as up, and you may get back less than you invested. Past performance and any simulated/back-tested performance are not reliable indicators of future results. Tax treatment depends on individual circumstances and current law, both of which can change. This website is a marketing communication. It is not investment advice, a personal recommendation, or an offer to enter into any contract. Detailed pre-contractual information is provided before any agreement is concluded.
Other paths
Prefer a broader, steadier route?
The efficient path
Globally diversified, low-cost, factor-based, through ETFs. Available across all risk profiles, from €20,000. The right choice for most investors.
Portfolio Management
How the full service works: your risk profile, both strategies side by side, fees, and what you get as a client.