Managed account · Global · Multi-asset
All Seasons Global Multi-Asset
A dynamic asset allocation strategy spanning global equities, fixed income and alternatives. Systematically constructed, tactically adjusted each quarter, and executed through managed accounts.
Investing involves risks, including loss of capital.
Before anything else
We take stewardship of your capital
Nine commitments govern how this strategy is run: partnership, transparency, bad news first, and no agreement whose incentives are misaligned with yours.
AI-enhanced approach
Human judgment, machine rigour
We combine deep human judgment with the analytical rigour of Agentic AI to build and maintain portfolios that are robust, transparent, and continuously improving.
Agentic AI is embedded in our investment process, not as a black box but as an analytical partner. We use it to synthesise macro-economic research, stress-test allocation scenarios, screen country-level valuations against long-term averages, and model risk-return trade-offs across hundreds of potential portfolio configurations.
Every tactical tilt is debated, validated and documented with AI-assisted analysis before human sign-off. That keeps decisions consistent, reduces cognitive bias, and leaves a full audit trail behind every allocation.
Where the line sits
Strategic asset allocation is set by the investment committee on long-term capital market assumptions. Agentic AI then assists with the tactical overlay, identifying where short to medium term macro conditions justify tilts within pre-defined guardrails.
Country-specific equity positions are filtered through a valuation screen, with price to earnings within plus or minus 5% of the ten-year average, processed across multiple geographies at once.
Portfolio constraints
Construction and guardrails
Every allocation decision operates within a defined framework of bands, tilts and guardrails, preserving discipline while leaving room for conviction.
Asset class bands
Equity tilts
Bond tilts
A breach of these bands is flagged in the quarterly report as a conviction breach and must be cleared or justified.
Portfolio parameters
How we manage it
Managed accounts via Interactive Brokers
Your capital stays in your name, in your account. We manage the allocation; you retain full custody and transparency at all times.
Segregated accounts
Portfolios are held in individually segregated accounts at Interactive Brokers, one of the world's largest electronic brokerages. You always own the underlying ETFs directly.
Quarterly rebalancing
Strategic allocations are reviewed annually. Tactical tilts are rebalanced every quarter, or after a drawdown greater than 5% in any major asset class, within strict guardrails to capture opportunity without style drift.
Full transparency
Real-time access to holdings, profit and loss, and transaction history through the Interactive Brokers client portal. Every allocation decision is documented and available for review on request.
Fees and minimums
A simple, aligned fee structure
No performance fees. No hidden charges. Our interests are aligned with yours through a straightforward management fee.
This quarter
The quarterly strategy report
Every position, every change, and the reasoning behind each one. Published each quarter with the full allocation table and results against the benchmark.
Get in touch
Reach out for a meaningful conversation.
Saptarshi Das, CFA · Ahmedabad, India
Investing involves risk, including possible loss of capital. Past performance is not indicative of future returns. Please read all related documents carefully before investing and consider your specific investment requirements before choosing an advisor or designing a portfolio that suits your needs. The value of investments can go down as well as up, so you could get back less than you invest.