Global Fixed Income:

Over one third of our total assets under management are invested in fixed income markets. Our fixed income investments are dedicated to individual bonds rather than bond funds. These positions include US Treasury, government agency, corporate, and municipal bonds. As an independent advisory firm, we have established relationships with over 100 fixed income broker-dealers. This network allows us to search for and purchase fixed income securities at competitive prices, which has the potential to enhance your fixed income returns.

Our fixed income allocations are driven by our macro-economic and interest rate cycle analysis and by your income tax circumstances. We have strict credit quality requirements for the bulk of our fixed income management. In addition, we perform a process we call Credit Watch to continually monitor potential changes in credit quality of these investments. In the selection of corporate fixed income, we leverage our work in equity research to isolate opportunities in the corporate bond market. Depending on client circumstances we may enter the high yield market for a small percentage of the portfolio in order to enhance income.

Typically, fixed income is employed to provide supplemental income while mitigating the risk of an all-equity portfolio.