Advent Capital Balanced Strategy Update
BALANCED STRATEGY
Investment Team Communication
ADVENT
CAPITAL MANAGEMENT, LLC
Daily:
Morning Investment Call - call among analysts, traders and portfolio managers on developments in their sectors
Morning Analyst Notes - sent out daily pre market open by analysts
Domestic and Global Convertible Index Movers List Top 20 (+/-) - sent post close to show materials changes
Position Reports - daily firm wide security holdings by account
Trade Summary Report - sent out by operational group post-close summarizing daily trade activity
Risk Review - provides maximum position size, credit rating limit, issuer size and maximum industry weight
Weekly / Bi-Monthly:
Distribution of Convertible Screens for All Portfolios
Investment Meetings - used to discuss new and existing positions. New ideas put forward by research analysts and reviewed by portfolio
managers.
International Strategy Meeting - focused on international securities and regional themes
Risk Management Committee - provides independent risk oversight at a strategy and firm wide level
Ongoing:
Reservoir - continuous monitoring of official investment list
Analyst Research Reports/Company Updates - distributed to entire investment team, archived in shared directory for review
Constant Interaction and Collaboration Between All Members of the Investment Team (New York and London connected by frequent
videoconferencing)
15View entire presentation