WHAT ARE THE RISKS AND CONTIGENCIES?
We seek to manage risk in order to capitalise on opportunities and improve our performance, providing good yield with minimal risk exposure. Disciplined risk estimation and management are deeply integrated components of the investment process across each one of our strategies. In pre-trade discussions, the Portfolio Construction and Risk group works to identify the impact of potential trades on a portfolio’s risk and stress exposures. In the ex-post analysis, the group evaluates the skill, infrastructure, investment universe, risk and working capital utilization of each business, and uses this information as a part of the risk capital allocation process.