Systematic Investment Management
Investing for the environment we believe lies ahead.
Wykco is a systematic investment manager. We think the conditions that rewarded conventional portfolios for a generation are changing, and we manage a systematic fund designed for the environment we think follows. The fund is early in its life, and is intended in time to broaden into a multi-manager platform. A single investment philosophy, and a single approach to risk, sit behind everything we do.
What we do
A systematic fund, governed by a single approach to risk.
Everything rests on one reading of markets and one discipline for taking risk. We express that discipline in a systematic fund, built for the environment we think lies ahead and intended in time to broaden into a multi-manager platform. Wyksight, our risk framework, governs it. The fund is early in its life, and we are building its record with care before opening it more widely.
The Fund
A systematic strategy, currently in incubation
Being taken towards a live and independent record before it opens to investors and, in time, becomes a multi-manager platform.
Wyksight
The framework through which we allocate risk
Applied to everything we manage, working from a forward assessment of market conditions rather than from past performance.
Investment thesis
Why we think the environment is changing.
For most of the past four decades, owning the broad market and holding bonds against it was enough. That worked because of a particular set of conditions: falling inflation, falling interest rates, globalisation, and a steady tide of retirement savings buying the market each month. In our view those conditions are now reversing. A few figures give the shape of it.
~40%
of the S&P 500 sits in its ten largest companies, close to the highest concentration on record.
AS AT AUG 2026
~41
the cyclically adjusted price-to-earnings ratio, a level reached only once before in a century and a half.
AS AT AUG 2026
>50%
of US fund assets are now managed passively, having overtaken active management.
2025–26
Wyksight
How we take risk.
Most managers judge risk by reference to what has already happened. Wyksight, our risk framework, works instead from a forward assessment of market conditions, and applies the same discipline to every strategy we run. It is the reason a firm of our size can govern risk to an institutional standard.
Partners
The institutions behind the fund.
Our fund relies on established institutions to hold its assets, administer it, and audit its accounts. Independent custody, administration and audit are part of what makes a record credible, so we name our counterparties and we are candid about which relationships are in place and which are still being arranged.
Custody
Fund administration
Audit
Legal and regulatory
Data and technology
Insights
Insights and announcements.
We publish our research, the market data behind our thinking, and news of the firm as it arises, including fund milestones and new relationships. For an investor coming to know us, it is the clearest record of how the firm is developing.
We do not try to predict events. We prepare for the conditions we think are likely, and we remain conscious of how much stays uncertain.