Selling AMBAC and learning from mistakes

Equity portfolio manager Aline Avzaradel discusses her approach to building resilient portfolios, shaped by experiences ranging from growing up during Brazil's hyperinflation to investing through the 2008 global financial crisis. She shares how those moments influenced her focus on capital preservation, sustainable dividend growth, and fact-based decision-making, including why not all dividends are created equal.

Key takeaways:

• A focus on how capital preservation and sustainable dividend growth can support long-term resilience.
• Collaboration between equity and fixed income teams may help uncover early warning signals.
• Opportunities may be emerging in non-U.S. markets and among stable dividend growers amid shifting global dynamics.

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