Fulcrum has five core capabilities: Macro & Multi-Asset, Risk Premia, Alternative Solutions, Thematic Equities and Responsible Investing.
Fulcrum was founded by Gavyn Davies and Andrew Stevens in 2004.
Gavyn is the Chairman of Fulcrum. Prior to Fulcrum, Gavyn was Chairman of the BBC from 2001. He joined Goldman Sachs in 1986 and became Partner in 1988 when he also became the Chief Economist as well as Chairman of the Research Department until he left in 2001. Gavyn was a member of H.M.Treasury Independent Forecasting Panel (1992-1997). He joined the Government’s Policy Unit as an Economist (1974) and was an Economic Policy Adviser to the British Prime Minister (1976-1979). Gavyn graduated in Economics from Cambridge in 1972 followed by two years of research at Oxford.
Andrew is Chief Executive of Fulcrum, a member of the Fulcrum Investment Team, and Head of the Risk Committee. Before establishing Fulcrum in 2004, Andrew was at Goldman Sachs (1992–2004) in the Equities then Investment Management Divisions, where he invested across all asset classes. Andrew has an MBA from Harvard Business School (1992) and a BA in Finance from Georgetown University (1988).
Our investment approach is guided by theory, backed by empirical evidence and unconstrained by traditional benchmarks.