Alternative Perspective
Viewing global equity markets through a different lens, merging micro and macro analysis within a value framework.
QSM Asset Management Limited (“QSM”) is a limited liability company registered in England with registered number 14955733. Its registered office is 1 King William Street, London EC4N 7AF. QSM is authorised and regulated by the Financial Conduct Authority (FRN: 1006213). QSM is the UK regulated entity and the appointed investment manager to the investment fund(s) referred to throughout this website.
Any projections, market outlooks or estimates contained in this website constitute forward looking statements and are based on certain assumptions and subject to certain known and unknown risks. Accordingly, such forward looking statements should not be relied upon as being indicative of future performance or events.
Past performance is not indicative of future results. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested.
In the United Kingdom this website is only available to professional investors meeting the criteria for professional clients set out in COBS 3.5 of the Conduct of Business Sourcebook in the Financial Conduct Authority’s Handbook of rules and guidance, including ‘investment professionals’ within the meaning of Article 19(5) of the Financial Services and Markets Act (Financial Promotion) Order 2005 or Article 14(5) of the Investment Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001 .
This website is being provided by QSM for informational purposes only and should not be construed as investment advice. It is not a recommendation of, or an offer to sell or solicitation of an offer to buy, any particular security, strategy or investment product.
The counterparty to a derivative or other contractual agreement or synthetic financial product could become unable to honour its commitments to the investment fund, potentially creating a partial or total loss for the investment fund. The investment fund can be exposed to different currencies. Changes in foreign exchange rates could create losses. A derivative may not perform as expected, and may create losses greater than the cost of the derivative. If an investment fund uses derivatives for leverage, it makes it more sensitive to certain market or interest rate movements and may cause above-average volatility and risk of loss.
Equity prices fluctuate daily, based on many factors including general, economic, industry or company news. In difficult market conditions, the investment fund may not be able to sell a security for full value or at all. This could affect performance and could cause the investment fund to defer or suspend redemptions of its shares. The investment fund may take positions that seek to profit if the price of a security falls. A large rise in price of the security may cause large losses. Failures at service providers could lead to disruptions of investment fund operations or losses.
The provision of the information in this web site does not constitute an offer of securities to any person in the United States or to any U.S. Person as defined under the Securities Act of 1933, as amended. The information contained in this site about QSM is not directed to any person in the United States. Investment funds referred to this website are not registered under the Securities Act 1933 of the USA, nor are they registered under the Investment Company Act of 1940. Consequently, they cannot be offered for sale or be sold in the USA, its territories, possessions or protectorates under its jurisdiction, nor to nationals, citizens or residents in any of those areas.
No investments or services mentioned on this website are directed at US Persons who are not Qualified Purchasers as defined under the Investment Company Act of 1940 and Professional Clients or Eligible Counterparties as defined in the UK Financial Conduct Authority (FCA) Handbook. The information contained herein does not constitute a distribution, an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction in which such distribution or offer is not authorised.
When using our site, you must comply with all applicable local, national and international laws and regulations, including those related to data privacy, international communications and exportation of technical or personal data. It may be illegal to download the information contained on our site in certain countries and we and our affiliated companies disclaim all responsibility if you download any information from our site in breach of any law or regulation of the country in which you reside.
Access to our site is permitted on a temporary basis and we reserve the right to withdraw or amend the service we provide on our site without notice. We do not accept any liability if for any reason our site is unavailable at any time or for any period.
The information and any opinions contained on the site are subject to change, are for background purposes only and are not to be relied upon as advice or interpreted as a recommendation. The information and opinions contained in our site have been compiled, or arrived at, by us from sources believed by us to be reliable as at the date of publication. However, we, our affiliated companies and other third parties connected to us do not accept any responsibility for any reliance which is placed by any visitor to our site, or by anyone who may be informed of any of its contents, on any information or opinions which are expressed herein and, to the extent permitted by law, expressly exclude all conditions, warranties, representations, undertakings and other terms which might otherwise be implied by statute, common law or in equity.
The internet is not a completely reliable transmission medium and neither we nor any of our affiliated companies accept any liability for any data transmission errors such as data loss or damage or alteration of any kind or for the security or confidentiality of information transmitted across the internet to or from us or any of our affiliated companies. Any such transmission of information is entirely at your own risk. This does not exclude or restrict any duty or liability that we have to our customers under the regulatory system in the United Kingdom.
Should you leave our site via a link contained within our site and view content that is not provided by us, you do so at your own risk. We provide links only as a convenience and without liability. In particular, and without limitation, you understand and agree that the ability to link to another web site and the fact that a link exists does not mean that we endorse or guarantee such site, the site sponsor or the site contents. The content which you access via such links will not have been developed, checked for accuracy, or otherwise reviewed by us. We make no guarantees or representations as to, and shall have no liability for, any electronic content delivered by any third party, including, without limitation, the accuracy, subject matter, quality, sequence or timeliness of any electronic content. Your reliance on any information contained on any site reached through a link shall be your own responsibility. When you leave our site, unless otherwise indicated, you will be subject to the terms of use and privacy policies of the new web site which you are visiting. If you reached our site via a link, please be advised that the ability to link to our site and the fact that a link exists does not mean that we necessarily endorse, support, sanction, encourage, verify, or agree with the comments, opinions, or statements posted on the web site from which you linked to our site (the “Linking Site”). We are not responsible for any damages or losses arising from any delays, defects or omissions that may exist in the services, information or other content provided in the Linking Site. We make no guarantee or representation as to, and shall have no liability for, any content on any Linking Site, including, without limitation, the accuracy, subject matter, quality, sequence or timeliness of any such content.
You agree to indemnify, defend, and hold harmless us, our affiliates and our officers, partners, employees, and agents from and against any and all claims, liabilities, damages, losses, or expenses, including legal fees and costs, arising out of or in any way connected with your breach of the terms of use and/or access to or use of this site.
We are the owner or the licensee of all intellectual property rights in our site, and in the materials published on it. Those works are protected by laws and treaties around the world. All such rights are reserved. You may use the materials on our site and download and reproduce them in hard copy for your own reference only. Such materials may not otherwise be reproduced, distributed, stored in a data retrieval system or transmitted, in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without our prior written consent. Nothing on our site should be construed as granting any licence or right in relation to any of our trademarks or those of our affiliated companies or any third party.
We and our directors, officers and/or employees may have holdings in the investment funds referred to on this site and may otherwise be interested in transactions that you effect in those investment funds.
We may collect and process the following data about you in accordance with the terms of use:
• information that you provide by filling in forms on our site, including information provided at the time of registering to use our site, subscribing to our service, posting material or requesting further services;
• if you contact us, we may keep a record of that correspondence;
• details of your visits to our site and the materials and information that you access, for the following purposes:
• to provide you with information, products or services that you request from us or which we consider may interest you, where you have consented to be contacted for such purposes;
• to allow you to participate in interactive features of our service, when you choose to do so;
• to determine your suitability to be granted access to our site.
Any personal data relating to you will be collected, used and recorded by us in accordance with the Data Protection Act 2018 and will comply with relevant legislative changes, the Terms of Use and our Privacy Policy below. You must read our Privacy Policy as it forms part of the Terms of Use. By using this site, you consent to processing of your personal data in accordance with our terms of use and you warrant that all data provided by you is accurate.
Cookies are small text files which are placed on the computer of a website user to provide the website operator with information about use of the site. We use [Google Analytics] cookies to collect information, in an anonymous form, about how visitors use our site and to prepare reports for statistical analysis. The information collected includes the number of visitors to the site, where visitors have come to the site from and the pages that they have visited. We use the information to help us improve the site and users’ experience of it.
By accepting these website terms of use you consent to the use of these cookies for these purposes.
These terms of use and any non-contractual obligations arising from or connected with them shall be governed by and shall be construed in accordance with English law. English courts will have exclusive jurisdiction over any dispute arising from, or related to, use of our site (whether arising out of or in connection with contractual or non-contractual obligations) (“proceedings”) and it is a condition of using our site that you waive any objection to proceedings in such courts on the grounds of venue or that proceedings have been brought in an inconvenient forum, although we retain the right to bring proceedings against you for breach of these terms of use in your country of residence or any other relevant country.
We may revise these terms of use at any time by amending this page. You are expected to check this page from time to time to take notice of any changes we made, as by using our site you acknowledge that you have accepted any such amendments.
Viewing global equity markets through a different lens, merging micro and macro analysis within a value framework.