THE OPPORTUNITY


  • Global financial markets have reached demanding valuations, fuelled in part by central bank policies.


  • Idiosyncratic  opportunities are rising in an increasingly late cycle market  exhibiting rising dispersion and periodic bouts of volatility.


  • Credit and equity events are ever present in the market and provide natural de-correlation to market beta.


  • Such  a backdrop requires a dedicated portfolio approach and asset class  flexibility to exploit the opportunity set, navigate market stress and  deliver uncorrelated returns.