RESEARCH & ANALYTICS
Our research disciplines include equity analysis, quantitative analysis and macroeconomic research.
Within these research disciplines, GMR focuses on multi-asset strategies, wealth management and alternative investments. GMR’s professionals have extensive experience researching and investing across a board range of securities and asset classes, including stocks, derivatives, such as options, futures, forwards or swaps, commodities, hedge funds and ETFs.
GMR believes that in-depth investigative research is the backbone of decision making with respect to sound investments, and has built research capabilities with exceptional breadth, depth and focus on innovation. GMR’s research incorporates a broad spectrum of information, including financial publications, third party research materials, annual reports, prospectuses, regulatory filings, capital market databases, company press releases, rating services, inspections of corporate activities and meetings with the management teams of researched companies. We believe this allows us to assist our clients in gaining a competitive advantage with respect to their investment portfolios.
Our clients use our research services to accelerate the pace of idea generation, enter into new sectors, and conduct ongoing maintenance research. GMR supports clients in model building, model maintenance, absolute and relative valuation, as well as data collection and analysis. Each of GMR’s research services are customizable to meet our client’s specific requirements.
Our analysts provide financial modeling and company valuation support, which includes populating historical financial data, creating first-cut structured forecast models, performing both simple and complex valuations, incorporating sensitivity analyses, and creating firm-specific standardized templates and databases.
QUANTITATIVE AND QUALITATIVE BACKGROUND INFORMATION
Our analysts help to gather relevant quantitative and qualitative background information on companies, sectors, and themes to form opinions and generate investment strategies.
COMPANY AND SECTOR REPORTS
Our analysts prepare customized reports for our clients regarding publicly-traded companies and sectors. The reports may include analysis of the target company’s competitive advantages, evaluation of long-term fundamentals, market environment analysis, management track record, financial models and forecasts, investment and growth policies analysis.
TRACKING AND ANALYZING NEWS AND EVENTS
GMR monitors news and events and prepare updates, aligning each update to the client’s priorities and requirements. We also prepare automated watch lists for companies and sectors under coverage or observation.
We help our clients find new investment ideas, studying themes and performing detailed research on sectors and companies in order to provide the rationale that helps to validate and sharpen strategies. Oftentimes, a client may conceive of several broad ideas that need to be converted into actionable concepts. To this end, GMR identifies the sub-sectors and companies that best exemplify the client’s broad thesis, and generates pragmatic investment analysis.
MONITORING AND SYNTHESIZING THIRD PARTY RESEARCH
We also support our clients by reviewing large amounts of third party research, and converting it into relevant, coherent, and digestible reports.
GMR believes that harnessing statistical analytical techniques and mathematical models leads to better investment decisions. We combine our professionals’ collective expertise in capital markets along with quantitative analytics to deliver investment strategies and guidance for our clients.
Portfolio returns are explained as a combination of market "beta’ and ‘alpha’ drivers. After isolating contributions from ‘beta’, ’alpha’ strategies become limited to idiosyncratic returns. GMR is constantly developing, validating, refining and upgrading alpha discovery investment strategies.
ASSET ALLOCATION STRATEGIES
We provide selection and implementation guidance within the different strategy types: access beta, alternative beta, enhanced beta, alpha, or hedging strategy. We perform stress testing, scenario analysis, and simulation testing of comparable investment allocation strategies.
With our team’s extensive experience in the entire life cycle of data management, we are able to leverage our expertise in model validation/revalidation and perform back testing for various products based on client requirements across asset classes.
DATA MINING AND AGGREGATION
We support our clients with data aggregation, validation, adjustment and ready databases for analysis as well as data mining.
We provide assistance selecting securities, scripting automated stock screens based on various factors such as valuation, quality and growth, risk, technical and price.
Our analysts employ a range of strategies to translate our research into actionable investment strategies for our clients, including: long-term purchases, short-term purchases, trading, short sales, margin transactions, option strategies including writing covered options, uncovered options and spreading strategies, and taking advantage of arbitrage opportunities. Specific strategies may include:
Actively managed investment approach which generally targets leading companies in their sectors with a sustainable competitive advantage, based on intangible assets.
Actively managed investment style which generally targets stocks with under-appreciated growth potential.
Actively managed investment approach which generally targets stocks that are out of favor and are considered to be undervalued.
DISCRETIONARY MACRO STRATEGIES
Actively managed investment approach utilizing a top-down view of the world and analyzing its implications on global markets using discretionary judgments.
SYSTEMATIC MACRO STRATEGIES
Systematically managed investment strategy utilizing the quantitative models that provide insights into how fundamental drivers interact with the dynamics of asset price returns.
RISK FACTOR INVESTING
Systematically managed investment strategy positioned to harvest specific risk premia from set of risk factors, utilizing quantitative models.
Specifically tailored strategies that are designed to mitigate the effects of market volatility on a portfolio in order to deliver more consistent returns.
We provide support across a variety of client services related to macroeconomics, such as:
Economic calendar of the maintenance
Consensus forecasts support
Monitoring of the economic news flow
Data interpretation and real-time written commentaries on economic data releases
Economic conference presentations
Thematic write-ups on the region-wide trends and countries
Client requests and ad hoc tasks that require economic data analysis and interpretation
Forecasts of FX, rates, and other key variables
Testing of econometric models using statistical packages
Automation of data extraction and collation
Our specialists support performance attribution and portfolio analytics across a range of asset classes. Our analysts and engineers develop custom portfolio analysis, attribution tools, optimizers, risk monitors, and risk management tools to meet the bespoke needs of our sophisticated clients.
RISK ALLOCATION MODELS
GMR supports clients with the implementation of various risk asset allocation models and risk management techniques as well as portfolio simulation and performance analysis support.
We support our clients with monitoring, documenting, and reporting key risk parameters. Our analysts also provide risk-run support, calculating mark-to-market values, VaR, and other relevant risk-control factors.
Our professionals have extensive experience in working on stress testing and scenario generation/scenario computation across asset classes.
GMR supports it clients with various risk control functions and products, reconciliation tasks, development and support of risk management systems, risk reporting, model development/validation, stress testing, data management, trading strategies, pricing, and different regulatory tasks.
As with any investment, there is no guarantee that the strategies adopted by our clients will achieve the intended investment objective. The value of each investment may be affected by multiple risks and variables. The ever-changing financial landscape and the cascade of recent regulations, have made the risk management and reporting a major challenge for investment institutions. Activities such as stress testing and the risk measurement, documentation, reporting, and data management require crucial resources and bandwidth, which firms may not have at their disposal in-house.