Investment Philosophy

The critical test of academic theories is if they can be successful in practical, market situations. We believe that attention to detail and precise analysis are required to garner superior portfolio performance. Our investment process is centered on finding an underlying economic rationale, sharp thinking, disciplined application, and exact execution.

Theoretical Base

At Mellon Capital, we seek to analyze, predict, and explain market dynamics in order to maximize expected excess returns. We approach investing from a forward-looking perspective to evaluate future risk and reward. We ask the critical questions that help us identify the problems—and the solutions. Our judgments are based on valuation methodologies that help enable us to formulate strategic, quantifiable investment products that produce effective results.

Our investment philosophy, simply stated, is that assets ultimately reflect long-run fundamental value. Our strategies seek to exploit sporadic deviations from long-run fundamental value within and across global financial markets while managing shorter-term downside risk.