DSP Private Client Philosophy
- We believe that money is best managed from a global perspective. Active asset allocation between international equity, bond and currency markets and other asset classes is the starting point for all DSP portfolios.
- We seek to combine top-down asset allocation with bottom up, fundamental stock selection skills. We believe that talented stock pickers can consistently out-perform market indices. In our balanced portfolios 3/5ths of the out performance typically comes from asset allocation and 2/5ths from stock selection.
- A disciplined approach to risk management is vital, in particular in constructing portfolios. DSP believes that measuring and controlling risk is integral to portfolio management.
- DSP client mandates all have an absolute return bias. We believe that most clients would prefer not to lose money in falling markets. Our Global Opportunities and Balanced Funds are permitted to hold up to 100% of a clients net assets of our global products in cash.
