Start with the basics. Do the manager's reported NAVs and performance match the administrator's? Sometimes they don't and there may be a perfectly good reason. On the other hand, there may be a serious problem.

Our investment due diligence helps to improve investment decision-making, with reports designed to be relevant and concise and to recognise when excessive risks transform investment into speculation. We believe due diligence should link manager incentives with an understandable mandate, demonstrated results and a good team, supported by sound operational best practice.


As well as industry standard qualitative and quantitative analysis of fund managers, we focus on in depth financial analysis as a means to better understand performance based statistics. Disclosure is the number one problem in our investment due diligence work.

We decompose the types of return and analyse this against the total cost, including cost of hedge, of managing a strategy over the life of a fund. With alternative investments, levered carry and excessive costs are significant risks and, in any case, are rarely worth paying high fees. Efficiently run funds often indicate superior management. The result is to provide new insights into traditional performance statistics used to evaluate fund managers.


+44 (0) 20 7111 0973

  • The CFA UK Ethical Leadership Programme brings together current and future leaders to explore how culture and condu… ,
  • I became more agile in managing ambiguity. The immersive, interactive sessions of the CFA UK Ethical Leadership Pro… ,
  • Join other future-thinking senior leaders on the 3-day CFA UK Ethical Leadership Programme to discuss and debate pr… ,