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Post's investment approach is focused on identifying what we perceive to be high-quality businesses in attractive industries with lower risk characteristics relative to other issuers — attributes we believe should result in attractive long-term, risk-adjusted performance.
Investment Philosophy
Our investment philosophy is focused on the avoidance of defaults and capital impairment, which we believe should result in attractive risk-adjusted performance and lower volatility relative to market benchmarks.
- CREDIT SELECTION:
The foundation of our investment approach is based on bottom-up fundamental credit research and analysis, focused not only on quantitative but also qualitative factors. - MACRO AND TECHNICAL OVERLAY:
We augment our bottom-up fundamental credit research with a top-down macro and technical overlay to assess relative and absolute value and strategically position our portfolios through macroeconomic and market cycles. - CATALYST IDENTIFICATION:
We conduct analysis of potential catalysts in conjunction with disciplined pricing of negative event risk and positive optionality to help evaluate relative and absolute value and manage risk. - POSITION SIZING:
We proactively and opportunistically scale in and out of positions in an effort to maximize value and right-size positions based on market conditions and liquidity considerations.