In the article, Aaron Izenstark discusses the Fund's absolute return investment focus with a primary emphasis on effectively managing downside risk is critical in an asset class like high yield credit. Aaron also describes how his investment process is focused on effectively managing risk and opportunistically modifying the Fund’s exposure to the high yield credit market through time. The article also provides perspective on Aaron's philosophy that a portfolio that responds to the directional trends of the overall high yield market by adjusting exposures and utilizing hedging techniques when appropriate.
http://www.investmentnews.com/article/20120603/REG/306039993