Michael A. Edmonds

CLIM US employs a value-oriented investment philosophy. The firm seeks to provide long-term capital growth via active management, primarily through closed-end funds. They aim to provide above average, long-term outperformance while maintaining a lower or equal level of volatility than peers and taking advantage of closed-end fund discount volatility as an uncorrelated source of alpha. The philosophy and process for implementation of each closed-end fund strategy remains broadly similar across all vehicles, differentiated by benchmark and individual account guidelines. The firm utilizes a bottom-up stock selection process.

MSIM’s investment strategies span the risk/return spectrum across geographies, investment styles and asset classes, including equity, fixed income, alternatives and private markets. When considering their clients’ unique investment profiles, the firm applies a holistic approach, with a goal of incorporating the different factors affecting investors’ investment decisions. The firm combines top-down country allocation with bottom-up stock selection and disciplined risk management.

CLIM US employs a value-oriented investment philosophy. The firm seeks to provide long-term capital growth via active management, primarily through closed-end funds. They aim to provide above average, long-term outperformance while maintaining a lower or equal level of volatility than peers and taking advantage of closed-end fund discount volatility as an uncorrelated source of alpha. The philosophy and process for implementation of each closed-end fund strategy remains broadly similar across all vehicles, differentiated by benchmark and individual account guidelines. The firm utilizes a bottom-up stock selection process.