Global experience, local focus.
The Wheelhouse Story
We are an independent, specialised investment firm established in 2017. The team originally comprised three experienced investment professionals with over 100 cumulative years in the industry, gained from working with some of the world’s leading investment firms.
The firm is based in Brisbane and was established to provide investors with a unique and differentiated investment capability – risk targeted investing.
Our team comprises four partners: Alastair MacLeod, Sam Jacob, Andrew MacLeod, Wayne McGauley and supported by Tony Hammond.
We have two investment strategies, each with its own risk-targeted objectives: Wheelhouse Global and the Wheelhouse Australian Enhanced Income Fund.
Our Investment Beliefs
Our investment beliefs reflect the varied and diverse backgrounds of the three principals, spread across different regions and a variety of major traditional and alternative asset classes.
We believe there are well established and repeatable sources of excess market return, that can offer improved risk adjusted returns versus simply owning traditional asset exposures.
These risk premia can be found embedded within traditional assets or can be harvested from alternative asset exposures. We seek to target these different sources of risk premia depending upon the risk objectives of the strategy.
Designed to deliver more stable and predictable investment outcomes over time – no surprises!
Underlying equity exposures are based on broad, diversified indexes that target specific factors (such as quality or franked dividends). We do not select individual securities.
Alternative sources of return
The ‘engine-room’ of all our strategies are systemic overlays that target alternative risk premia such as the Volatility Risk Premium, a consistently positive of return that falls outside of traditional asset risk premia.
What we're not
We do not believe in the folly of short-term forecasting. We rely on established risk premia generating returns over time and we simply seek to target and capture these returns.
Value or Growth based
Within our Index selection we seek to avoid large biases to Value or Growth. We may target other factors (such as Quality) but seek to do so with Value/Growth neutrality.
Short-term option traders
Our risk management speciality is based on an extensive understanding of the options market and the ability this provides to control risk and target alternative sources of return. We do not seek to profit from short-term directional views.