Risk-managed Equities

Maria Musiela, Client Portfolio Manager, discusses Unigestion’s risk-managed equities process, the themes that drove strong performance in 2018 and what investors can expect going forward.


  • Within our risk-managed equities, we seek to deliver asymmetrical returns in order to generate long term outperformance
  • Our outperformance in 2018 was driven by our more defensive approach to portfolio construction as well as by a more disciplined focus on valuation

  • Looking ahead, fears of inflation, which were prevalent in 2018, have now given way to fears of a recession, driven by trade wars and the continued slowdown in China and its potential impact on the global economy
  • ESG is another big theme within our portfolios and we expect this to become increasingly important, driven by regulatory and reporting requirements