Unconstrained yet uncomplicated. The portfolio is a set of coherently diversified investments. This is not basic asset allocation, i.e. some version of a 60/40 portfolio. With an unconstrained mandate, the fund takes advantage of opportunities across multiple investment strategies, both long and short. The team invests in clear explicable themes and not thousands of line items.
A focus on the credit cycle. The strategy is guided by the credit cycle and aims to capture diversifying returns across the full market cycle.
Harness alternative techniques. With the team’s wider expertise in derivatives and trading, the fund can benefit from alternative sources of return, including market stress.