Asset Management with Focus on Tactical Asset Allocation


All In or Out
- There is only one way to beat the market



- Founder Information & Contact

Investment Concept

- Investment Principles

- Defining Moments

- Stress Indicators

- ETF Universe

- Investment Process


- Services


- All-In-or-Out Portfolio

- Reports



There are no commercial services provided. Following the principles of the “ALL IN or ALL OUT” concept, I exclusively manage my own personal wealth and that from my family.

The reason to make my investment concept public is to build up a community believing in the same investment principles and to exchange views on viable stress indicators. I am always on the lookout for indicators that have a global or regional impact, are accurate, timely available and incorporate forecasting elements.

In a world of rapid and structural change, the importance of emerging markets will further increase over time. Emerging market stress indicators are already well present in the “ALL IN or ALL OUT” concept. However, the future challenge will be to find an appropriate and balanced way to account for these continuing changes.