Global Fixed Income

Global Fixed Income (USD Hedged) is structured to exploit inefficiencies throughout the world’s bond and currency markets through disciplined fundamental analysis.

We believe that significant areas of the bond market are inherently inefficient and mean reverting, and opportunities exist to exploit the bond market's inefficiencies and mean reversion tendencies. We do this by applying a relative value approach to identify a diverse collection of active positions across sectors, countries, currencies and yield curves encompassed within a risk-managed framework. Our objective is to construct well diversified portfolios in which correlations among alpha sources are low with no single alpha source dominating performance.

Underlying Tenets:

• Proprietary Fundamental Research
• Diversified Sources of Return
• Active Risk Budgeting