Investment Philosophy

We believe:

• The search for value drives the investment process. Value is realized most often when supported by both fundamental and technical factors.
• A broader opportunity set results in better returns. A portfolio's risk-adjusted performance improves with an increase in the number of strategies employed in its management.
• Consistent outperformance requires both top-down and bottom-up expertise. Teams of experienced professionals must use both quantitative and fundamental methods to identify value in both macro and idiosyncratic positions.
• Rigorous risk management is key to long-term investment success. A variety of risk-management methods and techniques minimize the chance of negative surprises.