Investment Process

To achieve its investment objectives, Turquoise has defined a comprehensive investment process, which is followed in all decisions made. The basic investment criteria proposed for the Turquoise portfolios include:

• High volume of trade (liquidity)
• Proved growth record and potential for further growth
• Strong fundamental performance

In addition, the portfolio manager looks at the following criteria:

• Limited dependency on imports/exports
• Stability of the sector
• Clarity and integrity in financial reporting and disclosures
• History of on-time dividend payments
• Capable and skilled management team

Risk management is at the core of all decision making at Turquoise. In order to ensure that risk mitigation tools are always and consistently applied to all processes and procedures, a risk framework has been defined. A dedicated risk & compliance manager in the Tehran office oversees the implementation of the risk framework in the context of all operations and decision making. Some of the key risk mitigation processes are:

• Individual stock and industry/sector exposure limits
• Risk/return, liquidity and volatility metrics
• Operational risks: data backup, business continuity, key resources
• Compliance with internal policies, processes and procedures
• Committee remuneration, conflict of interest, transaction monitoring and know your customer (KYC)

For more information on our products click on the link below:

Turquoise Iran Equity Investments