Axen Management employs a global credit strategy accessing high conviction liquid credit opportunities. The credit strategy is opportunistic yet based on fundamentals, relative value, technicals, and downside protection. The firm aims to achieve attractive risk-adjusted returns investing across the spectrum in the public global bond markets – investment grade, high yield, developed markets and emerging markets and offering a low correlation to credit, equity and hedge fund indices. The nature of the strategy is long biased with unintended interest rate exposure hedged. Risk management is at the forefront of the investment process. This is accomplished by investing in a diversified set of liquid credits where each position has an inherently low risk concentration and a well-defined entry/exit which combines to reduce volatility. |