Mar Absoluto FIM. Sole investment strategy of Mar Asset.

Seek to achieve annual return of CDI (Brazilian Overnight Deposit Rate) + 10%,

In the medium-long run, the result should be balanced between macro and fundamentalist equities investment theses.

Macroeconomic analysis
of the cycle

/ The accumulation of investment experience, enables us to identify investment opportunities supported by deep-dive fundamental and macro analysis

 

Macro analysis approach

/ On-site experience in several countries

/ Differentiation between signal x noise

/ Analysis of market trend reversals

/ The adequate investment horizon for a thesis to mature

 

Equity Investing with an Opportunistic Approach in Brazil and Globally

/ Focused time and resources on a few high-potential investment theses

/ Extensive and detailed analysis of businesses and specific themes

 

Risk management

/ Understanding risks and hedges in order to avoid permanent loss of capital

/ Stress test as main risk metric

/ Search for a superior reading on the probabilities distribution, good asymmetries and safety margins

/ Short-term volatility as investment opportunity

/ Stop-loss rules to protect against Black Swan events

/ Portfolio risk optimization

 

Shared Management

/ A single book generates a series of advantages

/ Analysis of the economic cycles will determine the risk appetitte

/ Detailed monitoring of companies provides input for macro decisions

/ Detailed macroeconomic monitoring provides a superior framework for equities investments

/ Active allocation in different classes

/ Capacity of neutralizing specific risks