Investment Objective
Our U.S. Corporate Fixed Income Strategy is a single sector product, investing primarily in the investment grade corporate fixed income market. The Strategy is managed to outperform an investment-grade corporate market benchmark over a full market cycle.1,2
Investment Philosophy
We construct and manage portfolios in the U.S. Corporate Fixed Income Strategy based on the philosophy that bottom-up industry and issue research and security selection, including relative value trading, generate high information ratios and, when executed successfully, can provide sustainable excess return over a corporate market benchmark.
Individual security selection and subsector/industry rotation comprise the majority of alpha in the U.S. Corporate Fixed Income Strategy.
Investment Process
We employ a disciplined, three-step investment process to manage U.S. Corporate Portfolios:
