After twelve years of no returns and, in particular, after 2001, 2002, and 2008, the elephant in our professional tent is that investment portfolio returns have everything to do with the performance of the financial markets and. very little to do with the skill of the investment manager

This leads us to believe that even an imperfect attempt to identify and manage these market trend influences can generate a significant positive influence on the long term performance of an equity portfolio.

Keller Partners offers institutional investors a suite of quantitative market analysis tools that can be engaged to help them manage the impact of these trends — particularly adverse market trends — on their investment portfolios. Our risk on / risk off model has been operating in real time for over six years and has proven quite robust, as this chart demonstrates..

Please visit our menu tab The Model for a variety of other graphics and exhibits documenting our rules-based processes.