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
The major central banks on both sides of the Atlantic continued their rate-cutting cycle in December as expected. However, the Fed surprised markets with a hawkish outlook for 2025. This, combined with persistent inflation and robust labor market and economic data in the U.S., led to a sharp rise in U.S. yields. These developments, coupled with rebalancing flows, weighed on global equity markets, particularly the U.S. equity markets. The U.S. dollar continued its upward trend in December, while the precious metal gold posted a slight decline compared to the previous month. Crude oil ended December with a gain of over 4%. The Berenberg Sentiment Fund closed the month of December with a loss of -0.3%.
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.