Investment Process
Rigorous Credit Selection
PGC has developed a rigorous and systematic research process known as the “PGC 5-Step Funnel” to particularly focus on U.S. corporate credit assets with solid fundamentals in defensive industry sectors that we believe can weather out cyclical downturns to provide consistent investment returns. This process reflects PGC’s belief that finding a consistently high performing manager should not be solely based on brand name and that a thorough understanding of the market and asset manager landscape is required for investors to avoid systematic errors such as herd behavior / excessive concentration.
Customized Investment Solution
We always start our investment process by listening closely to our investor’s needs. To meet investor’s objectives such as liquidity, preferred industry sectors, and diversification requirements, PGC reflects these factors into our approach. Our portfolio construction process remains clearly linked to PGC’s Risk Management and Portfolio Monitoring process.
Risk Management and Portfolio Monitoring
Risk management is an integral part of PGC’s investment process. PGC utilizes a proprietary analytical tool to evaluate risk on both the individual manager and broader portfolio level. Our risk management process includes constant monitoring, back-testing, scenario analysis, and proactive communication with investors and sub-managers to augment investment strategy if necessary.