Our investment analysis extends beyond the individual company, style, or geographic focus.  We look for ideas from a wide breadth of perspectives and incorporate economic regime conditions in both equity and fixed income markets.  As we invest globally our collaborative,  fundamental work provides critical insights into opportunities and helps us to capture change in all major markets.

Academic research shows that investor biases exist across financial markets irrespective of style or geography, as they come from the human condition.  Recognizing opportunity often requires us to suppress our instincts, question our assumptions, and think deeply about market expectations for future earnings and cash flows while understanding the risk also inherent in how investors think and act.

We believe industry-standard risk measurement processes are an incomplete method to understand total portfolio risk.  Our risk management process allows us to compare how economic factor risk is being priced across markets. It has been built to identify the classification and economic risks present across our products and portfolios.  It complements conventional disciplines while protecting against unintended bets.