Altrafin pursues a long-term, flexible and themed 'top-down' investment approach with a focus on risk-adjusted returns. Great emphasis is placed on risk management during both, the building and day-to-day management of a portfolio. Actively managing asset allocation (cash, bonds, equities, currencies) is a key aspect of our financial portfolio management. Once the 'top-down' investment themes have been determined, the portfolios are populated with the following investment instruments: Individual securities (equities, bonds), ETFs (passive exchange-traded funds), specialised targeted funds (for niche markets/themes/sectors). ESG factors are integrated in in the investment process firstly via an exclusion process, secondly via an internal ESG Score (per asset classes) and a consolidated ESG portfolio reporting (on a clients’ demand Altrafin performs individual ESG portfolio ratings).