Global strategy

Charles has been researching tactical asset allocation for over 40 years. In 1974 he founded independent research firm Cecogest, and in 1981 he co-founded Cursitor-Eaton Asset Management. As chief investment officer at Cursitor he managed US$10bn under a global asset allocation mandate. The firm was sold to Alliance Capital in 1995 and Charles stayed at Alliance until 1999, when he co-founded Gavekal. Charles is married and has four children and eight grandchildren.

After stints in the French army and at Paribas, Louis launched Gavekal in London in 1998 with his father Charles and Anatole Kaletsky. In 2002, recognizing that China would become a bigger factor in global growth, he moved the firm's headquarters to Hong Kong. In addition to overseeing Gavekal's money management business and contributing to our research, he is the author of seven books. The latest, Avoiding the Punch: Investing in Uncertain Times, was published in August 2021.

Anatole is co-founder, chairman and chief economist of Gavekal. Before founding Gavekal he worked for 30 years as an economic journalist and commentator at the Financial Times, The Economist, and the London Times. He is also chairman of the Institute for New Economic Thinking, a foundation created to reform academic economics after the 2008 global financial crisis. His book Capitalism 4.0, on the post-crisis transformation of the global economy, was nominated for the 2011 Samuel Johnson Prize.