Our active investment strategies are designed to generate absolute returns by taking advantage of market trends, whatever their direction. These strategies therefore have significant leeway in terms of their exposure to the various asset classes.

As the graph below shows, active strategies underperform slightly in strong bull markets and minimize losses when the markets correct sharply.

Investment decisions

BCV's investment committee meets frequently to make buy and sell decisions affecting the Bank's actively managed portfolios. In making its decisions, the committee, which is composed of senior members of management, analyzes the signals generated by the Bank's allocation models. These models process information from the financial markets and indicate the appropriate portfolio allocations among the various investment vehicles.