Charles has been researching tactical asset allocation for over forty years. In 1986, Charles stepped away from pure research to move into money management. He co-founded Cursitor-Eaton Asset Management where he was chief investment officer, managing over US$10bn of institutional money on a global asset allocation mandate. Cursitor was sold in 1995 to Alliance Capital and Charles remained with Alliance Capital until 1999. At this time, he elected to go back to his first love: research on tactical asset allocation. He left Alliance Capital to create Gavekal with his son Louis-Vincent and friend Anatole Kaletsky. Charles is married and has four children and 11 grandchildren.
Anatole Kaletsky is founder and chairman of Gavekal Ltd, an economic consulting and asset management group based in Hong Kong, and a principal contributor to Gavekal Research. He is also a columnist for Reuters and the International Herald Tribune and chairman of the Institute for New Economic Thinking, a $150m foundation created to reform academic economics after the 2008 crisis. His recent book Capitalism 4.0, on the post-crisis transformation of the global economy, was nominated for the 2011 Samuel Johnson Prize. Before founding Gavekal he worked for 30 years as an economic journalist and commentator on the Financial Times, The Economist and the London Times.
Louis left Paribas in 1999 to launch Gavekal Research with Charles Gave and Anatole Kaletsky in London. In 2002, Louis left the London office and returned to Hong Kong; the idea at the time was that Asia was set to become an ever more important factor in global growth and that, consequently, Gavekal needed to offer its clients more information, and more ideas, relating to Asia. Since then, Louis has been living in Hong Kong from where he oversees Gavekal’s money management business. Nonetheless, Louis contributes episodically to the research.