Investment Strategy
The Berenberg Sentiment Fund invests in a well diversified portfolio of different asset classes. The underlying investment philosophy aims to generate positive returns over the entire market cycle by analysing globally written and spoken news in different languages (alternative data). Latest technology enables us to turn this unstructured data into actionable insights and use these for the prediction of price movements in financial markets.
Several hundred thousand global and unstructured real-time messages are analysed daily with latest Machine Learning technology and transformed into investment decisions, this process is fully automated. In addition, to the income from the active investment decision from sentimentmodels, ongoing interest income is to be generated through a bond floor portfolio.
- Globally diversified macro fund based on alternative sentiment data (market sentiment) and state-of-the-art technology.
- Less exposure to the development of the equity and bond markets.
- Good and highly diversified addition to many other fund concepts
- Investment universe with a focus on the asset classes commodities and currencies
Further details on the opportunities and risks of this fund can be found in the sales prospectus.
Indexed performance
Performance in 12-month periods
Currencies
Countries
Asset classes
Top Holdings
Monthly market comment
January was largely shaped by the inauguration of Donald Trump and the associated change in political leadership in the United States. Speculation about a rising U.S. budget deficit led to an increase in U.S. yields at the beginning of the month. However, by the end of the month, growing signs of easing inflation in the U.S. tempered this trend, putting pressure on the U.S. dollar and supporting emerging market investments. In terms of monetary policy, the U.S. Federal Reserve (Fed) decided to keep its key interest rate unchanged following its January meeting, while the European Central Bank (ECB) continued its expected cycle of rate cuts. Despite concerns within the U.S. technology sector about increasing competition from more affordable AI solutions from China, particularly from the startup DeepSeek, global equity markets performed positively overall in January. European stocks, in particular, benefited from a weaker euro, low market positioning, and optimistic investor sentiment ahead of the upcoming Bundestag elections, significantly outperforming U.S. equities. Precious metal gold was supported by geopolitical uncertainties and increased central bank purchases, especially from China.
Portfolio Management
Nico Baum
Nico Baum joined Berenberg in July 2018. In addition to leading the Innovation & Data team, Nico Baum is also Head of Business Management & Development within Asset Management.
Previously, Nico Baum was COO & Portfolio Manager in an Asset Management FinTech with a focus on Big Data analytics. Before that, he worked in Investment Banking in a leading German bank in Frankfurt and Hong Kong.