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Our expertise

The company is characterized by its specific competences in:

Bond strategies

Drawing on the many years of experience of our analyst teams and portfolio managers, we investigate the financial structure of issuers across the entire bond universe. Through detailed independent analysis we assess the creditworthiness of listed and unlisted companies, interfacing directly with management, and performing stringent regulatory and normative due diligence on prospectuses and covenants of their issues. Our in-depth knowledge of international issuers (bottom-up approach) is complemented by our ability to analyse the macroeconomic environment (top-down approach). Thus, we build sophisticated and efficient portfolios through disciplined investment processes, with the goal of generating risk-adjusted performance. We particularly cover the Corporate Investment Grade segment, Financial Subordinates, Global Governments, Emerging Markets Hard and Local Currency, and European High Yield.

High dividend equity strategies

Our disciplined approach to investing in the equity of major listed issuers is based on the implementation of active and conservative investment strategies, with the objective of capital preservation and growth through the generation of risk-adjusted performance. Drawing on the many years of experience of our teams of analysts and portfolio managers we focus on the selection of companies with high capitalization, high dividends, with potential for dividend growth and with non-excessive pay-outs, without ever losing sight of the sustainability of dividend pay-outs over time. The ability to select companies with predictable and sustainable cash flows, simple business models and balance sheets characterized by high asset quality and not excessive leverage allows us to build portfolios that maximize the generation and sustainability of income flows through careful management of the volatility profile of the investment strategy.

Sustainable investing

We devise investment strategies focused on Sustainable Investing that integrate, in an organic manner, a thorough ESG analysis of issuers by drawing on the support of both a team of “ESG” analysts and the most sophisticated ESG analysis tools offered by leading providers. Indeed, we believe that through our investment decisions we actively contribute to the pursuit of not only financial objectives, but also to social and environmental impacts. Our sustainable investing processes, therefore, reflect the importance we place on the value of corporate responsibility and extend reflectively to our stewardship activity on our clients’ capital. The integration of ESG analysis into our investment processes contributes to the containment of the risk and volatility profiles of our portfolios.

Funds

Valori Asset Management manages six sub-funds of Valori Sicav and three sub-funds of Multilabel Sicav.

Valori Sicav

Valori Sicav is a Luxembourg-law collective investment vehicle established in 2022 on the initiative of Valori Asset Management SA, an entity supervised by the CSSF and incorporated in Luxembourg with the objective of operating in the mutual fund sector.
Valori Sicav consists of six investment sub-funds classified Article 8 according to the European SFDR and investible through different asset classes and available in different currencies (EUR, USD, CHF).

  • GLOBAL FLEXIBLE BOND FUND

    Global Flexible Bond Fund aims to achieve capital…

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    GLOBAL FLEXIBLE BOND FUND

    Global Flexible Bond Fund aims to achieve capital appreciation while maintaining an appropriate level of diversification across bond segments for each interest rate level. The fund has global exposure and can invest in almost all bond sub-asset classes (Govies, Corporate IG, HY, Sub Debt, Convertible and Futures).

    FUND IN THE LAUNCH STAGE

  • SUBORDINATED DEBT FUND

    Subordinated Debt Fund will have AT1 subordinated bonds…

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    SUBORDINATED DEBT FUND

    Subordinated Debt Fund will have AT1 subordinated bonds (CoCo), T2 bonds, Hybrids bonds, and RT1 bonds as its major focus. The investment process starts with a top-down macro analysis and then focuses on individual issues through a bottom-up analysis. Robust ESG screening will also be included with the construction of tailor-made indices tailored to the sectors the fund’s focus will be on. The investment strategy is divided into 6 sub strategies (relative value, special situation, new issue, carry trade, pair trading, buy & hold).

  • DYNAMIC ALLOCATION FUND

    Dynamic Allocation Fund aims to dynamically vary exposure between…

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    DYNAMIC ALLOCATION FUND

    Dynamic Allocation Fund aims to dynamically vary exposure between the equity asset class (between 30% and 70%) and the bond asset class (between 30% and 70%). The different exposure allocations between the two asset classes are guided by a contrarian approach that aims to reduce exposure to equities in up phases and increase it in down phases. ESG screening is also carried out on selected instruments on both the equity and bond components.

    FUND IN THE LAUNCH STAGE

  • ELITE EQUITY FUND

    Elite Equity Fund is an equity fund (minimum exposure 90%)…

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    ELITE EQUITY FUND

    Elite Equity Fund is an equity fund (minimum exposure 90%) that invests in large caps companies (min € 20 bn mkt cap) on a global scale, including emerging countries. The investment process is characterized by the selection of companies that generate high and growing dividends. Special attention is paid to future dividend sustainability, also considering the impact of ESG factors.  The portfolio consists of 70 equated securities.

    FUND IN THE LAUNCH STAGE

  • HEARTH ETHICAL FUND

    Hearth Ethical Fund is a balanced (up to 70% equity and up to 70%…

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    HEARTH ETHICAL FUND

    Hearth Ethical Fund is a balanced (up to 70% equity and up to 70% bond) ethical and sustainable fund that invests only in instruments from developed markets that meet the most stringent sustainability criteria. The cardinal principles of sustainable investment are declined as follows: exclusion of companies involved in activities contrary to the principles adopted by the ESG Committee and selection of best-in-class companies according to ESG criteria, positively aligned the UN Sustainable Development Goals and the reduction of emissions, in line with the Paris 2015 agreements.

    FUND IN THE LAUNCH STAGE

  • EQUITY HEARTH ETHICAL FUND

    Equity Hearth Ethical Fund is an equity (at least 90% equity) ethical…

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    EQUITY HEARTH ETHICAL FUND

    Equity Hearth Ethical Fund is an equity (at least 90% equity) ethical and sustainable fund that invests only in instruments from developed markets that meet the most stringent sustainability criteria. The cardinal principles of sustainable investment are declined as follows: exclusion of companies involved in activities contrary to the principles adopted by the ESG Committee and selection of best-in-class companies according to ESG criteria, positively aligned the UN Sustainable Development Goals and emission reduction, in line with the Paris 2015 agreements.

    FUND IN THE LAUNCH STAGE

    • Valori Funds

    Multilabel Sicav

  • LAPIS GLOBAL TOP 50 DIVIDEND YIELD FUND

    Lapis Global top 50 dividend yield fund is an equity fund that invests…

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    LAPIS GLOBAL TOP 50 DIVIDEND YIELD FUND

    Lapis Global top 50 dividend yield fund is an equity fund that invests in 50 equity-weighted equities with no geographic restrictions The selection of the companies the fund invests in follows two main criteria : market capitalization of more than $25 billion, growing dividends paid continuously and never cut over the past 25 years.

  • LAPIS GLOBAL FAMILY OWNED 50 DIVIDEND YIELD FUND

    Lapis Global Family Owned 50 Dividend Yield Fund is an equity fund…

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    LAPIS GLOBAL FAMILY OWNED 50 DIVIDEND YIELD FUND

    Lapis Global Family Owned 50 Dividend Yield Fund is an equity fund that invests in 50 equity-weighted companies whose control is family owned and whose headquarters are in developed countries. The selection of the companies the fund invests in follows two main criteria: market capitalization above $5 billion, growing dividends paid continuously and never cut over the past 25 years.

  • LAPIS MEDICAL DEVICES

    Lapis Global Medical Device 25 Dividend Yield Fund consists of 25 global…

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    LAPIS MEDICAL DEVICES

    Lapis Global Medical Device 25 Dividend Yield Fund consists of 25 global equities according to recognized international rankings. In the index, stocks are evenly distributed, the market capitalization for each individual company is above USD 2.5 billion, and 80% of them have paid dividend continuously with growth over the past 5 years.

    FUND IN THE LAUNCH STAGE

    • Lapis Funds

    Research

    The research provided by Valori uses the expertise of our buy-side analysts and the expertise of our management team and focuses primarily on four channels:

    • Fundamental (bottom up) analysis of the financial structure of the issuers that are part of our target universe, with a particular focus on both the analysis of their creditworthiness and their ability to generate sustainable cash flows
    • Detailed macro-economic analysis (top down), with the construction of proprietary models, using the support of leading independent research providers on a global scale and organizing events dedicated to institutional investors to meet their specific needs
    • Support of small/medium enterprises regarding treasury and financial direction/planning
    • Preparation of detailed and accurate ESG analyses of multiple companies on a global scale

    Contact info@valam.ch to learn more and/or use exclusive content in this section