Asset Management

  1. Asset Management

Investment Advisor Process

Our investment adviser process starts with a top-down analysis of international markets and their correlation with respect to Mexico to be able to construct a guide into the future price action of Mexican investment assets. Then a specific bottom-up analysis is performed to provide a better guide into the decision making of a specific investment.

Fundamental analysis is used to define the path of world macro variables to delimit the long term trend of different asset classes in Mexico. We use fundamental analysis to assess the financial strength and growth opportunities of strategic sectors and companies in which the funds may invest in through financial statement analysis and sector growth prospects.

Quantitative analysis is used to recognize relative value among the universe of assets in which our portfolios are invested and to manage the intrinsic risks of every investment.

Finally, technical analysis is used to assess the market momentum and best entry-points in order to optimize risk-adjusted returns.


Portfolio Optimization

The portfolio optimization process consists of a methodology to select the best instruments with the goal of creating a well balanced portfolio.

Epicurus methodology optimized with proprietary quantitative analytics and research

  1. Macroeconomic and Financial analysis
  2. Securities selection strategy
  • Local Yield analysis
  • Private and Cuasi-government securities analysis
  • FX analysis
  • Securities correlation analysis
  • Risk analysis
  1. Securities selection models
  • Markowitz
  • Black-Litterman
  • Duration-targeting
  1. Benchmarking
  2. Investment Plan evaluation by Investment and Risk Committees

Risk Management

As we are always seeking the best risk-adjusted returns for our clients, the risk management department plays a fundamental role in the structure of Epicurus. This department is responsible for the management of all different types of risks which the portfolios are exposed to, as well as to monitor that operations adhere to the investment regime, policies and established procedures.

This department is in charge of identifying, measuring and monitoring risk through different models, techniques and tools. It is also in charge of developing and distributing a full set of reports that are reviewed on a daily or monthly basis as is required and regulating trader’s risk limits.

To measure market, credit and liquidity risk, we use a range of more than 20 different models applied and analyzed on a daily basis on each of our portfolios. We real-time monitor our traders’ limits to ensure a confident and error free operation that is well between the risk parameters imposed by authorities or by our clients.

As a result of the success in internal risk control, the department has offered risk platforms and solutions to institutional clients, investment areas of insurance companies and investment management firms.

At working with outside firms, the risk department has successfully offered daily and monthly tailor made reports; automated and integrated risk platforms; and planned and implemented complete risk areas.


Compliance Procedures

Compliance and ethics has been the key pillars of Epicurus since inception. Our Compliance Manual was developed according to the investment Advisers Act of 1940.

To ensure the protection of the clients information and to warrantee the continuous operation of the fund Epicurus has implemented word class technology into its infrastructure including

  • Front Office System with Pre Trade Compliance
  • Secure Data Centers with high redundancy
  • Disaster Recovery and Business Continuity plans

Our Companies

Our Approach