Risk Management

Capital preservation, first.

Risk is not a department — it is a discipline embedded in every decision. Our principles are simple, and we apply them without exception.

Protecting principal takes precedence over maximizing returns.

Exposure is spread across asset classes, sectors and geographies.

Preference is given to productive assets with strong fundamentals.

Sufficient liquidity is maintained to pursue opportunities and manage risk.

Decisions are evaluated over years and decades rather than short-term market fluctuations.