A forward-looking total-portfolio methodology
PNYX approaches investment strategy as an optimization problem: how to pursue defined objectives while respecting financial, organizational, regulatory, liquidity and stakeholder constraints.
PNYX's Four Principles of Investment Governance
PNYX has applied this robust framework across a broad range of asset owners. Its principles are consistent, while its application is deliberately tailored to each asset owner's objectives, identity, constraints and portfolio.
- 01
Objectives & constraints
Establish what the asset owner is seeking to achieve, over which horizons, and within which explicit and implicit constraints.
- 02
Values & culture
Examine how institutional identity, culture, information and decision behaviour support or obstruct investment objectives.
- 03
Forward views
Develop and test scenarios incorporating traditional and non-traditional factors to examine a wider range of risks and opportunities.
- 04
Top-down across asset classes
Look through asset-class labels to underlying drivers of return, risk, liquidity and dependency.
One investment framework, shaped around each unique asset owner
Explore the methodology in context
Discuss how PNYX could apply its forward-looking, total-portfolio approach to a defined investment challenge.
Discuss our methodology