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 Long Government/Credit Index over a full market cycle.
We believe market inefficiencies can best be exploited through adherence to a valuation-centric investment process dedicated to the selection of index-eligible, investment grade securities on a bottom-up basis. Our team focuses primarily on fundamental security analysis, seeking to capture yield advantage from undervalued bonds while maintaining a duration-neutral strategy. We also blend quantitative and qualitative analysis to determine how much risk to take at any point in time and use the allocation to credit as one tool to manage risk positioning.
* 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.