Fixed Income Team
Nimble Approach Seeks Compelling Opportunities
Our nimble approach emphasizes security selection among the 20% of the fixed-income market, which we believe offers compelling value opportunities.
WHAT WE BELIEVE
80% of the Bloomberg Barclays U.S. Aggregate Index is comprised of securities with little to no risk spread: U.S. Treasury notes and bonds, agency mortgage-backed securities purchased by the Federal Reserve, and credit instruments with risk spreads of fewer than 100 basis points.
Our nimble approach emphasizes security selection among the other 20% of the market, which we believe offers compelling value by:
- Providing the opportunity to consistently add meaningful value
- De-emphasizing tactics that rely on unpredictable sources of return, such as interest-rate timing and illiquidity risk
WHY THIS MATTERS
More than 80% of the Bloomberg Barclays U.S. Aggregate Index has Treasury-like characteristics. Click the diagram below to see where we believe fixed-income opportunities exist.
A process that focuses exclusively on securities that offer appealing value while controlling a portfolio’s interest-rate and liquidity risk may generate higher yield while maintaining the benefits of core fixed income.
Our active ownership culture creates long-term client relationships by helping you achieve successful investment outcomes. Contact us to learn how we can partner with you.