Consistency, value creation, diversification, risk aversion. The soundness of our business base is without a doubt due to the results achieved by our agricultural investment strategies in terms of profitability, which compare very favorably with those of our competitors.
Our objective is to create value for our Clients.
To a great extent this is due to the methodical application since our firm was first created of an agricultural investment philosophy in which long-term vision and preservation of capital are two of the most basic cornerstones, and consistency of returns is one of its main objectives, combined with risk diversification and the careful and patient construction of agricultural investment portfolios, without trying to anticipate market momentum. At all times we avoid making macro-type bets, while leveraging a broad-based and diverse platform of assets and strategies. All the above are the main hallmarks of our agricultural business philosophy.
Since the Group’s foundation we have devoted our efforts to seeking, finding and analyzing the best long-term agricultural investment opportunities in private assets. To do this we have drawn on our Group’s talent, capabilities and resources, together with the necessary focus provided by the methodical application of the principles of our investment philosophy:
We seek consistency in returns
We achieve consistency because we apply consistent criteria across agricultural asset classes and strategies on a global scale, and gain a thorough understanding of the risk return profiles presented by each agricultural investment opportunity. We believe that consistency over time in our delivery is the true foundation of the trust we build with our clients, and that they follow us because they see a continuity in the delivery of agricultural investment performance standards.
Value creation and market independence
As long term investors we are willing to invest in agricultural opportunities in which active management, incentives, alignment of interests, new business models, new markets and expansion strategies can help create value by creating or developing companies. Also, as long-term investors, we are firm believers in our analysis of value fundamentals and market independence, and therefore our underwriting assumptions are never based on macro themes or cycle views.
Risk aversion and diversification are key
We apply an agricultural investment philosophy focused on value creation through the search of asymmetric risk/return profiles, with a strong focus on downside protection and capital preservation. Sound agriculture portfolio construction is central to ensuring solid diversification, which is not about having a large number of investments but rather about building a agricultural portfolio with investments that are less correlated. This is achieved through a disciplined and patient deployment of capital.
Multi-asset specialist approach
Belser’s Investment Committees across all asset classes benefit from having a consistency of process and sharing a common investment approach. Our agricultural asset class specialists in land property, agtech, logistics, crops, etc.., give Belser’s platform a substantial advantage, which allows each of our clients to benefit from the breadth and depth of agricultural investment insights that a global multi-asset firm can provide.
Investment in relations and trust
We firmly believe in the power of relations and trust. Our client base and our agricultural managers lie at the heart of what our Group is today and what it has been able to achieve to date. We strive to win the trust of our clients and build long-lasting relationships with them. We concentrate on identifying and developing trusting relationships with unique and consistent managers, who will help implement and make true our agricultural investment philosophy.
We firmly believe that the enforcement of active ESG policies can benefit both ethical and financial dimensions. The application of ESG best practices can improve the financial results of agricultural portfolio by reducing risks and creating value, which will ultimately lead to better returns for our clients.