How to be a value investor in corporate credit.
Sarah Wildman is joined by Geoff Castle and Parul Garg to discuss their thirteen-step decision-making checklist for analysing securities for inclusion in fixed income portfolios.
[01:15]
Sarah asks Geoff how the fixed income team came up with a thirteen-check process.
[02:37]
Geoff explains “understandability” when it comes to assessing opportunities from different industry sectors.
[04:15]
Geoff talks about what makes a security interesting enough to pursue to the next level.
[05:05]
Parul provides an example of a company in the portfolio with strong growth prospects.
[08:12]
Sarah asks what factors Geoff and Parul use to assess risk.
[12:59]
They also talk about the financial considerations that are taken into account with each prospective holding.
[16:54]
Geoff explains the final three checks used to assess the addition of a security to the Fund, including the path to realizing value.
[19:21]
Parul shares an example of a company in the Fund that is also held by our equity team.
[20:33]
Sarah asks Geoff and Parul which books are currently on their reading list.
