Since 2004 when we started managing systematic strategies, we always kept up-to-date with the investment global academic literature, and related areas, such as statistics, economics and coporate finance, combined to data sciences. This is the basis to create and improve our proprietary methods of research and development.

This investment process starts with data capture and treatment for global and local markets, using several information providers. There is a constant effort on improving data quality and searching for innovative ways of using these data. We built a proprietary library 17 years ago, with a set of indicators which were tested in several periods and market environments. This library is is constant evolution. It comprised fundamentalist indicators, trend filters, market microstructure indicators, macroeconomic indicators, local and global market risk indicators, which provide a wide source of signals to our strategies.

After that, we use statistical techniques to select the indicators which are consistent in selecting assets and evaluating risk premia for theses assets, i.e., the capacity to generate abnormal returns. The selection of these indicators, also known as risk factors, also comprises combining them into investment strategies. In this step, we use techniques which are widely used for decades, like FAMA-FRENCH families, as well as more modern statistical techniques, like machine learning, which can show alternative strategies which can improve the risk-return profile, or increase the capacity of the strategy.

Finally, we have the portfolio construction and optimization, where we consider the risk-return tradeoff, the risk diversification in local and global markets, methods of portfolio rebalancing which aims to improve the return adjusted to risk, minimizing trading costs.

The systematic strategies resulting from this investment process are extremely efficient and diversified in several measures, like market exposure, risk factor exposure, liquidity exposure, scalability, and low-cost execution. This construction considers risk and return since the first step, so aiming for better efficiency and equilibrium.

We are continuously improving what we do, creating new versions of our strategies, or even new strategies, to implement in current or new liquid markets.

We value professionals with a diverse education and diverse ideas, which are constantly challenging the status quo, but in a respectfully and inclusive manner. The working environment is horizontal, open, focused on entrepreneurship, on team work, on the search for results, which will benefit our investors in the long run. The company governance is designed to fosters this creative and productive environment, aiming for the continuous improvement of what we do and how we do, to generate knowledge and results.

Our objective is to be as transparent as possible with our investors, and if they are interest, in including them in some of our efforts and internal projects, so they are able to understand deeply what we do, and how we are evolving.

When possible, we are opened to produce customized solutions for our clients, and to offer a long-term investment proposal, with a guarantee of continuous effort in evolving these multi-generational investments, on global markets.