Innovation is a constant theme at JANA. We continually search for new sources of return or risk control, new managers and new ideas.
Research is key to finding these opportunities for our clients.
JANA’s capital markets research program is the foundation for our decisions on investment policy, strategic asset allocation, benchmarks and ranges for the client’s portfolio. Research is conducted both from a bottom-up perspective (i.e. through asset class research) and a top-down perspective (i.e. through portfolio construction analysis and research).
All JANA investment professionals conduct capital markets research both within their dedicated asset class research teams and more broadly from a whole-of-fund perspective. We also have our own economists who are responsible for researching and understanding current economic developments, both globally and domestically.
Investment manager research is another primary focus. Our investment professionals conduct their own research face-to-face with investment managers in their offices all around the world. We do not rely on advice prepared by distant partners or associates.
The advantages of this approach are:
- we prioritise our research programme and exercise our own standards and quality controls;
- we know the managers and their personnel intimately and can evaluate them over time according to our criteria, not those of a third party; and
- we identify new high quality managers and new ‘best ideas’ early and introduce them to our investors, giving JANA clients an ‘early mover’ advantage.