A few years ago I was on a flight from New York to Stockholm. At take-off, the pilots announced that we should expect heavy turbulence for most of the trip home over Greenland and Iceland. The people in the cabin looked a little worried, and I was just hoping to sleep through it.
When we landed eight hours later there had been no hint of turbulence at all, and I understood why when I saw that the pilots had chosen much more southerly route over the Atlantic. We flew so far south that we journeyed over Scotland on the way home, entirely avoiding the expected turbulence. It seemed like a wise choice by experienced pilots. I got off the plane both relieved and full of respect for the skill of the pilots.
Just as those pilots could access advance information about the weather en route, so we can create a picture of the future we anticipate by using careful market analysis. In these turbulent times, however, it is important to be able to quickly adapt to the latest conditions and be active in how we make decisions. We do not stop flying just because of wind along the way, and we strive using all the skills and experience of our team to understand how we can avoid the turbulence on our journey.
At Catella we have a long-term strategy for our business and for our funds, with our skilled management team doing everything they can to address the short-term changes in the market. We actively work to understand which way the wind is blowing on our planned journey, and we use every tool we can to avoid the turbulence. Over time, we hope and believe that our clients will be satisfied with our shared journey, with our skill and experience landing them safely at their desired destination. Whatever that destination may be.
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