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Investment Grade

Diversified solutions based on a proven investment process.

Our established “through-the-cycle” track record of strong, risk-adjusted returns is built upon our team-based investment approach, our ability to generate investment ideas and a risk management process that uses qualitative and quantitative factors to construct and manage portfolios from a risk and volatility perspective.

Core Fixed Income

AUM: $11.1 billion (September 30, 2018)

Our multi-sector approach utilizes a top-down, macroeconomic view coupled with bottom-up, credit analysis and security selection.  Measured opportunistic allocations to high yield, convertible bonds, structured credit and emerging market debt provide additional sources of potential alpha.

Core Plus Fixed Income

AUM: $5.3 billion (September 30, 2018)

Our multi-sector approach utilizes a top-down, macroeconomic view coupled with bottom-up, credit analysis and security selection.  Opportunistic allocations to high yield, convertible bonds, structured credit and emerging market debt provide additional sources of potential alpha.

Active Short Duration

AUM: $1.4 billion (September 30, 2018)

Our short duration strategy invests in a broad range of fixed income asset classes including treasuries, Agency MBS, credit and securitized products. The target portfolio duration is quantitatively determined using the shape of the Treasury Yield Curve.

Short Duration

AUM: $5.9 billion (September 30, 2018)

Our short duration strategy invests in a broad range of fixed income asset classes including treasuries, Agency MBS, credit and securitized products. Measured opportunistic allocations to high yield, convertible bonds, structured credit and emerging market debt provide additional sources of potential alpha.  This strategy can be run against traditional and non-traditional one to three year and one to five year benchmarks.         

Long Duration

AUM: $638 million (September 30, 2018)

Our long duration strategy utilizes a top-down, macroeconomic view coupled with bottom-up, rigorous fundamental credit analysis and security selection while remaining duration neutral to a pre-determined benchmark.      

Corporate Credit

AUM: $8.0 billion (September 30, 2018)

A corporate credit strategy that seeks to efficiently identify undervalued securities within a client driven opportunity set through robust credit underwriting and risk management.

Inflation Protected Bonds (TIPS)

AUM: $1.7 billion (September 30, 2018)

A unique strategy that seeks to generate alpha through two different levers: inflation relative value opportunities and an out-of-index yield enhancing income strategy.

Stable Value

AUM: $19.9 billion (September 30, 2018)

As one of the Top 10 largest managers of stable value*, we offer expertise and investment solutions that span a variety of strategies, investment vehicles and wrap providers.

*Pensions and Investments, Largest Money Managers May 2014

Global Investment Grade Corp. Bond

AUM: $303 million (September 30, 2018)

A global credit strategy that seeks to efficiently identify undervalued securities across multiple countries, credit curves and currencies through robust credit underwriting and risk management.

Global Government

AUM: $878 million (September 30, 2018)

A global government strategy that utilizes a scenario-based approach to identify attractive government and sovereign opportunities.

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