MADO
MADOCapital

Investment and capital management

The capital arm allocates across strategies and measures exposure and stability across market cycles, not across a single quarter.

Allocation panelIllustrative — not live figures
Stability index across cycles
96Q3 24Q4 24Q1 25Q2 25Q3 25Q4 25Q1 26Q2 26
Contribution to risk
  • Trend31.5%
  • Carry22.1%
  • Macro18.4%
  • Vol14.9%
  • Stat-arb13.1%

Weighting here is by contribution to risk, not return. A small allocation can carry a large share of the risk.

What it covers

  • 01

    Allocation

    Capital distributed across strategies by their contribution to risk, not to return alone.

  • 02

    Exposure measurement

    Exposure computed at portfolio, sector, and instrument level at once.

  • 03

    Stress testing

    Historical and hypothetical scenarios run before any allocation changes.

  • 04

    Periodic reporting

    Reports that state their period, method, and limits, in comparable tabular figures.

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