The mission of Alternative Strategy Partners Limited (“ASP”) is to provide
highly professional management expertise to our client families with a
primary emphasis on risk control in sophisticated investment specialties.
ASP specializes in less efficient markets and alternative investments,
and has extensive experience and a broad product range. We are dedicated
to the achievement of consistent and superior performance under adverse
risk environments. Our ultimate objective is investment success, the fruits
of which are shared by ASP's client families and personnel.
Excellence in investing
Our goal is excellence in investing. To us, this means achieving attractive returns without commensurate risk, an imbalance which can only be achieved in markets that are not "efficient." Although we strive for superior returns, our first priority is that our actions produce consistency, protection of capital, and superior performance in bad times.
Proprietary, in-depth research
Adding value in our markets requires a "knowledge advantage"
that can come only from proprietary, in-depth research. We have dedicated
a staff of highly skilled specialists to each market and created a research
methodology that is consistently applied. Our research revolves around
enumerating the elements required for success and identifying investment
candidates through which we seek to satisfy those requirements.
Commonality of interests
In order to achieve commonality of interests with our client families,
we pay strict attention to potential conflicts of interests, avoiding them
if possible and dealing fairly with them if not. We put interests of our
client families ahead of our own. It is our fundamental operating principle
that if all of our practices were to become known, there must be no one
with grounds for complaint.
Communication with client families
Communication with client family must meet their needs and strengthen our
relationships with them. We want every client to thoroughly understand
our philosophy, approach, actions and results. If what we do ever comes
as a surprise to a client, then we have failed in this regard. In reporting
our performance, we accurately state our achievements, neither hiding behind
excuses for losses nor taking credit for serendipitous gains.
New products
In each case, our decision to create a new product is based on the following;
identification of an inefficient market with the potential for a potential
to attractive returns, conviction that the market can be exploited in a
limited-risk fashion, and access to an investment team fully capable of
producing the results we seek. Because of the high priority placed on assuring
that these requirements are met, we prefer that new ASP products represent
"step-outs" into highly related fields undertaken with people
with whom we have had extensive first-hand experience.
Profitability
Our firm's profitability must stem from doing all of the above. ASP is
run for the benefit of its client families and their constituencies. Profit
without performance, business for its own sake and prosperity through cost
cutting are all explicitly rejected. Our earnings should grow if we achieve
excellence in investing . . . but only then.