The strategy, managed by a team with deep experience investing together through multiple market cycles, utilizes the full breadth of the firm’s fundamental research capabilities to identify companies across the market cap spectrum in order to exploit inefficiencies resulting in a differentiated portfolio.
Seeks to outperform the Bloomberg Barclays Intermediate Aggregate Index over a full market cycle.
We believe markets are inefficient, and that these inefficiencies can best be exploited through adherence to a valuation centric investment process dedicated to the selection of intermediate-term investment grade securities on a bottom-up basis. Our team focuses primarily on fundamental securities analysis, capturing the yield advantage from undervalued bonds and structured products while maintaining a duration neutral strategy.
* Most recent quarter returns are not annualized. Past performance does not guarantee future results and there is no assurance that the Strategy will achieve its investment objective.