The strategy focuses on identifying companies with above average yields that are mispriced based on valuation and fundamentals. In addition to common equities, the manager may also invest in convertible bonds and structured notes should they present an attractive yield and risk-reward profile.
- Rigorous research uncovers asymmetrical return opportunities
- Conviction in long-term earnings power and liquidity determines position sizes
- Monitor portfolio positioning and active risk resulting from individual security selection
- Utilize quantitative tools to identify factor and style exposure
Firm Level: Independent Risk Management Team
- Independent risk group performs comprehensive portfolio reviews with investment team and senior management
- Monitors individual security holdings across the entire firm