Research across the full investment process
Each discipline stands on its own, and they are designed to work together: macro sets the regime, sector work finds where it matters, equity research tests it company by company, and allocation and risk management research turn it into portfolio choices with the downside understood.
Global Macro
Growth, inflation, policy and liquidity across G10 and emerging markets, translated into cross-asset implications.
- Monthly global macro outlook
- Central bank and policy scenario work
- Proprietary data dashboards and nowcasts
- Rates, FX and commodity implications
- EM and India macro deep dives
- Event and data-release briefs
Industry & Sector Analysis
Industry structure, demand drivers, margin cycles and competitive dynamics, with sector rotation views.
- Industry maps and value-chain analysis
- Demand and capacity modelling
- Margin and pricing-cycle work
- Sector rotation frameworks
- Regulatory and policy impact studies
- Channel checks and expert-led research
Equity Research
Company-level deep dives with a focus on Indian listed equities: earnings quality, valuation and scenario analysis.
- Initiation-style company deep dives
- Earnings quality and governance review
- Scenario and sensitivity models
- Valuation across cycles
- Peer and cross-market comparisons
- Results and event follow-ups
Asset & Country Allocation
Strategic, tactical and country allocation research using a range of methodologies, from risk parity and liability-driven approaches to our regime-based framework.
- Strategic allocation and capital market assumptions
- Country allocation across developed and emerging markets
- Risk parity and risk budgeting
- Liability-driven allocation for pension funds
- Factor-based portfolio analysis
- Regime-based tactical tilts
Risk Management & Hedging
Institutional risk profiling, risk measurement, stress testing, currency risk management, and research on hedging and risk-control strategies.
- Institutional risk profiling and risk budgets
- VaR, expected shortfall and drawdown analysis
- Stress tests and scenario design
- Currency risk and hedge-ratio research
- Hedge overlay research (index, FX, rates)
- Tail-risk and liquidity-risk studies
Bespoke Research & Consulting
Custom projects scoped to a single question: from a data build to an investment committee briefing.
- Custom research projects
- Data sourcing and model builds
- Due diligence support
- Investment committee and board briefings
- Analyst access and calls
- Training and research process reviews
Which markets, how much, and in which currency
For global investors, the country decision often matters more than stock selection. We score developed and emerging markets on a consistent set of factors and compare the result with the client's current weights, with India and emerging Asia covered in the most depth.
- Macro cycleGrowth and inflation direction, policy stance, fiscal position
- EarningsRevision breadth, margin trends, earnings quality
- ValuationMultiples against history and peers, adjusted for growth
- Flows and positioningForeign and domestic flows, ownership levels, crowding
- CurrencyReal exchange rate, external balances, reserves, carry
- Political and governance riskElections, policy continuity, institutions, market access
The right method depends on the mandate
No single allocation method suits every institution. We work across the main approaches, explain the trade-offs, and often combine them: a strategic anchor, a risk-budgeting discipline, and tactical tilts around it.
| Methodology | How it works | Best suited to | Watch-outs |
|---|---|---|---|
| Strategic allocation Mean-variance, Black-Litterman | Builds a long-term policy portfolio from capital market assumptions for return, volatility and correlation. | Pension funds, endowments, long-horizon mandates | Very sensitive to return inputs; needs robust assumptions |
| Risk parity and risk budgeting | Allocates risk, not capital, so each asset class contributes a planned share of total portfolio risk. | Multi-asset funds wanting balance across economic outcomes | Relies on leverage and stable correlations |
| Liability-driven investing | Matches the interest-rate and inflation sensitivity of assets to liabilities, then grows the surplus. | Pension funds and insurers | Funding-ratio risk if hedge ratios drift |
| Factor-based allocation | Looks through asset classes to underlying drivers: growth, rates, inflation, credit, value, momentum. | Portfolios with overlapping or hidden exposures | Factor definitions and stability vary |
| Regime-based tactical allocation | Tilts around strategic weights as growth and inflation regimes shift, using our regime framework. | Hedge funds and active multi-asset managers | Signal discipline and turnover costs |
| Core-satellite | A low-cost core holds the policy exposure while satellites target specific opportunities. | Family offices and asset managers balancing cost and active risk | Satellites can quietly dominate risk |
| Volatility targeting and drawdown control | Scales exposure up or down to hold portfolio risk near a target or within a loss limit. | Mandates with explicit drawdown limits | Can sell after falls and lag sharp recoveries |
How clients work with us
Research subscription
Regular macro, sector and allocation research with analyst access. Suited to teams that want a steady independent view.
Custom project
A defined question, scope and deliverable. Industry studies, data builds, diligence support or a one-off deep dive.
Dedicated analyst
An extension of your team on an ongoing basis, working to your coverage list and your process.
Iterate Analytics provides independent research and analysis to institutional clients only. We do not provide investment advice, and we are not registered with the Securities and Exchange Board of India (SEBI) or any other securities and exchange board or regulator as an investment adviser or research analyst. We do not work with retail or individual clients.