Risk Management

Risk management and compliance standards are reflected within each of our investment disciplines and are implemented at all levels of the investment process with proactive measures. All products have risk management processes specifically tailored to the investment discipline and individual market characteristics, in addition to firm-wide policies.

MacKay Shields has substantial risk management and compliance policies in place, including a code of ethics and policies relating to personal investing, pricing of securities, calculation of performance, trading, brokerage, allocation of investments, record keeping and other compliance matters. Compliance with investment and client-mandated guidelines, as well as potential conflicts of interest, is maintained at several different levels within MacKay Shields. The Legal/Compliance Department carefully analyzes client guidelines, administers compliance reports and disseminates guideline information to all departments and monitors daily portfolio activity for compliance issues.

The firm’s high standards concerning matters of risk management and compliance are reflected within each of our investment disciplines and are implemented at all levels of the investment process with proactive measures. All products have risk management processes specifically tailored to the investment discipline and individual market characteristics, in addition to firm-wide policies.