Aurora Investment Process

Step 1: Macro-Economic Analysis Step 2: Risk Management Analysis Step 3: Asset Class Allocation Step 6: Rebalancing and Trading Step 5: Portfolio Optimization Step 4: Security Selection (by asset class)

We spend a significant amount of time and research resources analyzing the optimal mix of asset classes and the degree to which we should overweight or underweight asset classes based on our macro-economic and capital markets outlook.

We currently choose from among the following asset classes: Equities (both US and International), Bonds (including US Treasury and Agency debt, US and International corporate debt, sovereign debt), cash, commodities, real estate, and alternative investments.  We use mutual funds and/or ETFs to gain exposure to many of these asset classes.