Our liquid strategies look to bring meaningful returns with more marketable securities, generally in products which are open-ended and provide regular liquidity to our investors. We have launched and currently run a number of strategies with fixed-income and macro focuses.
Our flagship, opportunistic credit-oriented investment strategy, launched in 2007, is focused on capital preservation and low volatility of returns. We invest in liquid securities, looking for dislocations in capital markets and overlaying our macro views within our portfolio.
An actively managed fixed income strategy, investing in Emerging Markets debt and relative value trades with exposure to both hard and local currency. The strategy seeks to take advantage of the dislocations that are expected to occur as global central banks emerge from zero-interest rate policies.
Spun out of our flagship Multi-Strat Credit strategy, our macro strategy is designed as an alpha-generating strategy across all market cycles with a particular goal of delivering positive returns in turbulent market environments.
Our credit SMAs are tailored towards ultra-high net worth and institutional investors and seek to allocate on a long-only basis to sectors we find attractive, and which we can leverage our knowledge and expertise to allocate together with our credit strategies when there is sufficient liquidity in the sector for the increased capacity, without compromising returns.