Strategy description
A core bond strategy that seeks to deliver current income and capital appreciation through individual securities and an actively managed fee-waived mutual funds, which offers diversified exposure to securitized sectors.
Investment process
Our process emphasizes systematic collaboration to pursue solid risk-adjusted returns over long-term time horizons. The global fixed income investment committee serves as a forum for debating investment views and developing relative value perspectives. The lead portfolio managers are accountable for portfolio construction, risk management and performance outcomes. Specialized teams of sector portfolio managers, analysts and traders cover the global fixed income markets and provide security positioning recommendations according to relative value, conviction, expected interaction with portfolio positions, and the mandates overall risk posture and investment objectives.
This diversified, actively managed core separately managed account uses a fee-waived mutual fund to access the full range of securitized sector opportunities, include non-agency mortgage-backed and commercial mortgage-backed securities, regardless of account size. The MAP creates instant portfolio diversification in less liquid securitized sectors.
