Simply stated, we focus on our client’s objectives. While total return is a valid performance metric, it does not always translate to consistent earnings and surplus development. Our PALM system enables us to incorporate relevant actuarial business models to design a portfolio that produces tangible earnings and surplus development. Given our client’s stated business objectives we:

• Review, discuss and revise as appropriate the investment policy.
• Incorporate business or product models into the PALM system to produce an investment strategy blueprint.
• Develop a portfolio structure based on the strategy blueprint, constrained by policy and directed by objective.
• Incorporate actual results into the business model to redefine strategy against the backdrop of the then-prevailing market.

This client focus combined with our proprietary modeling and reporting produce results that can be reported in terms of earnings and surplus.