Inspired Global Investing
Welcome to Authentic
“Quite simply, we love what we do! Striving to do the right things is our core commitment to Clients. Our founding vision is to be a compelling place where satisfied Clients and innovative investment solutions intersect. We embed our unique global portfolio expertise into an exclusive suite of products to serve forward-looking institutions and private Clients.“
Duncan B. Webster, Founder
Our Services
Portfolio Management
Innovative global & alternative investing for institutional and private wealth Clients.
Consultancy (upon request)
Investment strategy & processes, asset allocation, team-building.
Our Team
Unique, Global
Authentic’s investment team has a unique breadth of global investment experience and thought leadership,
with a profound respect for the dynamic nature of value and risk.
Collaborative
Our team effort is rooted in a deep understanding & an insatiable curiosity of what makes global markets tick.
Our Approach
Authentic’s Beliefs
Experienced thoughtfulness pays off.
Authentic’s Process
Internal analysis & active management.
Our Products
Authentic creates investment portfolios consistent with
the objectives and risk parameters of each of our Clients.
We use a mix of core holdings, cash and timely exposures to various instruments
to both hedge and capture changing perceptions of risk and value.
Global Equity
Selective portfolios of typically 10-30 stocks with discretionary cash allocations based on opportunities and risks.
Clients usually seek a 5-6% return net of fees, with a lower risk profile than an equity index.
Min. account size 100-250k
High Income
Selective portfolios of typically 10-30 strategies seeking income generation driven by corporate and macro events.
Clients usually seek a 10% return net of fees, with a low correlation to an equity index.
Min. account size 500k-1m
Equity+Income
Selective portfolios that blend Global Equity and High Income. Margin account borrowing enables the two components.
Clients usually seek a blended 7-8% return net of fees, with improved risk characteristics.
Min. account size 500k-1m
Global Macro
Selective portfolios of diverse securities typically pursuing a half dozen market themes through active positioning.
Clients usually seek a high return net of fees, with a high tolerance for interim downside.
Min. account size 500k-1m
Spotlight on High Income
Driven by Events
Corporate situations, macro events.
Extracting Value
From time, mispricings, risk.
Our Clients
Clients own their own separate accounts
Full transparency & client access.
Principal investment objectives
Capital appreciation, income, wealth preservation.
Account types – cash or margin
Individual, joint, retirement, trust, holding company, institutional.
Why Authentic
We offer something different
Thoughtful active strategies targeting Client objectives.
Ideal market environment for Authentic
Traditional portfolios are not likely to cut it in the decade ahead.
Alignment of Interests
- Client is the priority, not the shareholder
- Client satisfaction, not fee maximization
- Focus, execution and access, not bureaucracy
- We succeed when you do
Client Solutions
- You know how, why and where your money is working
- A unique suite of portfolio product solutions
- Full access to managed account held in your name
- Risk and objectives well articulated
Direct Communication
- You deal directly with fiduciaries managing your investments
- There is no intermediary, no sales person
- Frequent sharing of performance, ideas and perspectives
- Full transparency
Seasoned Team
- Unlimited access to our ideas, strategies
- Global investment framework provides opportunity, diversity
- Shared vision of service and integrity
- Expertise looking to profit in all cycles
Become a Client
The right Clients
The right Atmosphere
The right Dialogue
The right Portfolio Manager
Onboarding steps:
Latest Insights
What to do about TINA
TINA, the acronym for “there is no alternative” to buying equities has been a fixture of the financial landscape for some time as evidenced by the chart showing the real US 10Y yield (deflated by CPI) less the dividend yield on the S&P 500. The same picture can be demonstrated using most fixed income assets, […]
Fed’s View of Inflation Risk
Market expectations for Fed rate hikes in mid-2022 look misplaced unless this chart begins to change to the upside. Despite 5y breakeven inflation at record highs and constant chatter on underlying inflation risks by analysts and in the media (which we are sympathetic to), the underlying reality is that long term inflation expectations that have […]
Velocity – Another View On Inflation and Liquidity
The velocity of money gives us a useful way to view inflation risks that have thus far been largely dispersed across sectors suffering supply shocks stemming from post pandemic economic re-openings. The tapering announcement by the FOMC yesterday included a statement by Powell that inflation risks are likely to be transitory. However, if supply chain […]