Risk Management

The Investment Team defines risk as the permanent loss of capital. This occurs when the fundamentals of a business deteriorate or the equity market ascribes its shares a lower valuation. They in turn materialise either through a change in, or an incorrect assessment of a company or its value. With regards to a change, the team aims to reduce the probability of a permanent loss of capital by investing in strong companies that are better positioned to withstand economic disruption. On the latter issue of an incorrect assessment of a company or its value, the investment process and Investment Committee is structured to promote dynamic and effective decision making.

Investment Risk Management Committee (IRMC)

External to the Investment Team, the IRMC is a Committee with oversight responsibilities whose technical insight adds value both as a control and a service function (internal and external), ultimately securing Ocean Dial Asset Management’s ambition to grow the business (AUM) in a well-managed, risk aware and risk controlled manner.

It has 5 permanent members made up of senior employees from both Ocean Dial and its parent company Avendus, including its CRO. The IRMC has been constituted to oversee the implementation of the Investment Risk Policy and review its functioning periodically. The IRMC is distinct from the Investment Management function and arm’s length. IMRC adheres to and encourages best practice as well as inputting into the design of risk guidelines and operational infrastructure of Avendus, firm wide. The IRMC reports directly to the Executive Committee of Avendus. To learn more about Avendus, please visit the Avendus website.