Bringing you live news and features since 2006 

Dolfin model portfolios outperform benchmarks across most primary currencies and risk profiles

RELATED TOPICS​

Wealth management platform Dolfin’s model portfolio saw strong performance across the board in 2019 with seven out of nine portfolios outperforming their reference indices, notably the USD and EUR Balanced portfolios which achieved a return gross of fees of 15.0 and 13.8 per cent respectively.The Dolfin investment management team constructs the portfolios on an absolute return basis, allowing holdings to be more diversified across asset classes and geographies, and less constrained versus relative return investors.

 
Though equity volatility was high during 2019, the portfolios avoided much of this owing to the team’s freedom to substantially reduce equity exposure earlier in the year. Throughout the second half of the year the team was overweight fixed income and built up some of the satellite holdings in equities that sit within its thematic ideas.
 
The reference indices used by Dolfin are based on a target spread over inflation that differs depending on the respective risk profile: conservative, balanced or growth.

Dolfin’s macro-valuation-sentiment-technical (MVST) framework provides the structure around which the portfolios are constructed. This enables Dolfin to avoid holding equities when they appear significantly overvalued, and by employing multiple time horizons within models, the team successfully navigated the volatile markets.
 
Simon Black, Head of Investment Management at Dolfin, says: “We are pleased to have delivered strong outperformance for clients across the vast majority of our portfolios. Our thematic ideas all contributed to the positive performance, and our ability to adjust duration exposure within the portfolio, through the use of interest rate futures, sees us combining an institutional investment approach with private client service. We see this combination is a true differentiator.”
 
Dolfin will release its Q1 2020 investment outlook later this month with full details of the performance of all of its portfolios in 2019, as well as its views on what to expect from markets in the months ahead.
 

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by