Emcor provides services in the following areas:

Advisory Services to Private Investors and Family Offices

Our advisory services to private clients and family offices focus on investments and financial exposures. After reviewing present and future requirements, we can assist our clients in developing a comprehensive asset allocation strategy, or in planning/ implementing specific investments for their portfolio. The strategies developed are periodically reviewed with our clients to ensure they continue to meet their objectives and remain within the prescribed risk management parameters.

Technological developments in financial markets allow investors to access many highly skilled, talented investment professionals, and at Emcor we made the decision long ago to outsource to specialist managers the entire investment management process. We can then concentrate our efforts in applying our expertise and experience to identify, evaluate, select and combine in a portfolio the best, most suitable managers for our clients.

Manager evaluation and selection are based on qualitative analysis of the manager's strategy, performed by a team of investment professionals with extensive direct experience in hedge funds and risk management. Qualitative analysis helps assess the manager's ability to generate returns, the strategy's scalability, and its risk management process. Quantitative tools help us analyze the manager's historical risk/reward profile, its correlation to other managers, and its optimal percentage weighting in the portfolio.

Our principals have decades of active participation to global financial markets, and thoroughly understand economic and geopolitical issues, the relationship between equity markets, fixed-income instruments, currencies and commodities, and how these may impact the outcome of an investment strategy. Our asset allocation combines a global macro view to determine optimal sector weighting and in-depth, bottom-up manager research to optimize results on a risk-adjusted basis. This process is continually reviewed to incorporate new input at the macro level as well as the manager/fund level.

Fund Allocation and Advisory - Private Label Funds

We serve as Investment Advisor to fund programs investing with alternative investment managers. Our firm successfully advised funds of hedge funds with assets in excess of $400 million.

We have substantial experience in the development and management of personalized ('private-label') investment programs for institutional clients, which utilize equity, fixed-income and other specialists as investment managers. We successfully advised a number of financial institutions in the development of multi-compartment mutual funds (UCITS/ SICAV) domiciled in Dublin and Luxembourg, and were actively involved in their regulatory approval process and listing on the local Exchange. Our firm received approval by European regulators to act as investment advisor and allocator for traditional as well as alternative investment programs that can be distributed in the European Union.

For institutional clients and family offices, our firm can custom-design investment portfolios with specific characteristics as to strategic and sector allocation, market and manager exposure, to meet the desired risk/reward profile.

Currency Overlay Management

Currency overlay programs allow investors with international exposures to separate the two risk components of investing internationally: the performance of the underlying investment and the risk associated with changes in the value of the currency in which the foreign investment is denominated.

Our firm was the first to obtain approval by the Luxembourg and Irish regulators to incorporate a systematic dynamic currency hedging program within the constraints of UCITS/SICAV mutual fund regulations. This innovative structure for the first time allowed investors to allocate to international sectors and to investment managers located outside of the European Union, with the knowledge that the investment's underlying currency exposure is professionally managed on an ongoing basis.

We develop passive as well as dynamic currency overlay programs for the currency exposures of our clients. These programs are managed by one of the leading currency overlay specialists, with a track record in excess of 20 years and over $2 billion AUM.