CEO's Message
“As an independent Sino-Swiss family office, we provide premier global wealth management and family office services to wealthy Chinese families with a firm focus on wealth protection, succession and legacy planning.
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We strive to grow alongside our clients and develop our business with integrity, meaningful innovation and the highest degree of excellence and professionalism, in the best interests of each valued family.”
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Yours sincerely,
Christophe Page
A compass pointing to the North-West
If you type “compass” into any search engine, you’ll notice that most red arrows point to the North-East. This feels natural—after all, North-East is where you’d look for “uptrends.” Our arrow, however, points North-West. And that’s no accident.
There are four reasons why.
1. From China to Switzerland
North-West is the exact bearing from our offices in China to Geneva. This direction reflects our core mission: facilitating access to Swiss expertise, markets, and opportunities.
2. The North-West Path in Modern Portfolio Theory
Markowitz’s Modern Portfolio Theory plots investments on a chart: risk on the horizontal axis, expected return on the vertical. When you combine traditional asset classes with alternative investments (assuming they’re not perfectly correlated) you move North-West on the graph. This kind of diversification improve the overall risk-adjusted expected return. At Gage Precious, this is exactly the journey we take with our clients’ portfolios: diversifying with uncorrelated assets such as hedge funds, private debt, real estate, private equity, and gold.
3. The Goldilocks Quadrant
We also use the compass metaphor in our macroeconomic analysis. Imagine plotting real GDP growth on the vertical axis and inflation on the horizontal:
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Upper right – Overheating economy (high growth, high inflation)
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Lower right – Stagflation (low growth, high inflation)
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Lower left – Deflation (low/negative growth and inflation)
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Upper left – Goldilocks scenario (strong growth, low inflation)
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The sweet spot for investors in Equities is the top-left quadrant: growth is strong and inflation is low. This “just right” mix delivers some of the best equity returns.
We make use of these quadrants to determine which asset classes should be favored depending on the expected growth-inflation mix, and which ones are to be avoided. Our investment philosophy is to build all-weather portfolios, designed to perform well no matter which quadrant the economy enters.
4. Navigating Beyond
Our arrow also turns away from consensus, reflecting our belief that to achieve truly exceptional returns, you must chart a course away from the crowd.