Systematic use of multiple alpha strategies should deliver consistent returns
Our clients are looking for capital stability and consistent returns. We believe that these aims are best achieved by combining multiple, diversifying alpha strategies sourced across a broad global opportunity set. In our view, asset allocation is best conducted by a dedicated top-down decision-making team that is able to compare relative value opportunities across all fixed income asset classes simultaneously, while more bottom-up security selection decisions are best left to specialist managers for each asset class.
Specialized, accountable and incentivized managers make better decisions
We believe that accountability and transparency, expressed via individual risk budget allocations, will result in better decision-making. Also, by providing market competitive compensation levels, and directly linking compensation with individual performance, this ensures superior-performing professionals are remunerated accordingly and keeps turnover low.
Management of risk ranks hand-in-hand with the search for alpha
The successful management of fixed income portfolios is highly dependent upon sophisticated risk management practices and that the development and utilization of risk tools must always rank among the firm’s highest priorities.
Blending qualitative analysis and quantitative models should yield superior results
We think the combination of judgmental and quantitative alpha strategies is more powerful and yields superior results. By using both methods our ultimate goal is to diversify returns, and therefore generate a better risk-adjusted return profile.
Constant innovation keeps us ahead of the curve
Innovation is necessary for value creation. Sustainable advancement requires continuous innovation as markets are constantly evolving. Our investment strategies and processes will evolve over time in anticipation of these changes.