People have endeavored to harness the power of natural forces for millennia.  Yet, for much of this time little was truly known about the fundamental forces behind these observable phenomena.

Wind currents, for example, are just the most obvious byproduct of a collection of more fundamental causal factors, things like: pressure differentials, heat transfer, ground friction, topography, humidity, and even the earth’s rotation.

Financial markets too are the byproduct of more fundamental opposing forces, and Welton’s approach to investing begins with a quest to understand the fundamental drivers underlying observable market movements.

To do this, Welton employs a formalized process that combines its deep investment experience with advanced research capabilities and established financial theory in search of things like: structural advantages, underlying fundamental drivers, relative value relationships, arbitrage, risk-premia, dissecting returns into their Alpha or Beta components, behavioral finance-influenced behaviors, and price momentum-driven phenomena.

At the core of Welton’s investment philosophy lies a belief that enduring and recurring return opportunities exist, and they are discoverable through careful observation, research and scientific validation.