Financial markets tend to move much faster on their way down than on their way up and the risk in this kind of situation increases rapidly. Keeping it in check requires decisions that are somewhat counter-intuitive and a strategy that goes against the flow, according to New York-based Quest Partners. Over the last 18 years, this approach has helped the company successfully manage the risk in investment for some of the largest US and North American pension funds including the New York City Police and Fire Pension. Quest Partners now has $1.45bn under management and counts three of the world’s largest...