Fixed Income
Our fixed income strategy is designed to consistently maintain an effective yield advantage versus each client’s benchmark while cautiously managing the assumption of risk. We achieve this by investing in undervalued fixed income securities and sectors, managing portfolio duration relative to a client’s benchmark, and strategically investing in different maturities given the shape of the yield curve. We are balanced in our approach, using both qualitative judgment and quantitative tools. In every case, we strive to achieve the optimum balance of risk and reward.
Core
Our Core strategies include Aggregate, Intermediate Aggregate, Government/Credit, Intermediate Government/Credit portfolios. Each of these broadly diversified portfolios focuses on dollar-denominated, high quality, investment grade fixed income securities. Our approach emphasizes non-Treasury sectors that meet our stringent risk/reward parameters.
Enhanced Core
Broadly diversified portfolio focusing on dollar-denominated, high quality, investment grade securities. However, when opportunities exist we will invest up to 20% in double-B rated securities to potentially enhance returns.
Liability-Driven Investing
Diversified portfolio of dollar-dominated, high quality, investment grade bonds designed to immunize a liability stream. Various long duration liability targets are available.
Short Duration
Broadly diversified portfolio of dollar-denominated, high quality, investment grade bonds focusing on shorter maturities (1-5 years). Emphasis is on capital preservation in rising interest rate environments.
