Investment Process

1. Identify as many highly correlated equity pairs as possible



2. Determine equity long/short positions and weights of identified pairs, taking into account top-down/bottom-up fundamental, technical, event and liquidity factors



3. Identify alpha equity long/short positions through fundamental analysis



4. Specific attention is placed on risk in investment weight decision-making



5. Review portfolio allocation for compliance with fund target and mandate



6. Execute and monitor trades



7. Real-time risk management of portfolio and individual exposure



8. Constant re-evaluation of assumptions/views