Full Due Diligence

ÆON view the track record that a firm has produced as a validation of their best of breed organisation and investment process, not a leading indicator. Therefore thorough due diligence is key. This includes meeting with the fund manager and other important members of the team involved in the investment process. It also involves a more in depth analysis of the fund data and documents.

There are not a fixed number of meetings – it is dependent upon what is required for an analyst to become comfortable in recommending a manager. Obviously the due diligence process can end at any point if ÆON becomes uncomfortable about any of the factors they are considering. The analysis should target the evaluation of 3 main factors: Organisation/Team, Investment Process and Track Record.