Teams
Clarity from the Fed…For NowGlobal Fixed Income Team | May 5, 2022May 5, 2022 | Global Fixed Income Team 
Tougher Talk on Inflation: A Post-FOMC Round UpGlobal Fixed Income Team | March 17, 2022March 17, 2022 | Global Fixed Income Team
No, Record-High Job Openings Do Not Improve Prospects for a Soft Landing Global Fixed Income Team
Core
Objective
Core seeks to outperform the benchmark by eliminating or reducing uncompensated risk while allocating across Core sectors. The strategy strives to achieve an information ratio greater than 1.
Investment Universe
Securities are typically found in the Barclays U.S. Aggregate Index, although additional high grade off-benchmark investments may be permitted, including but not limited to Rule 144A securities without registration rights, mortgage dollar roles, TIPS, and floating rate notes.
Core Plus
Objective
Core Plus seeks to outperform the benchmark by eliminating or reducing uncompensated risk while opportunistically allocating investments across a range of core and off-benchmark sectors. The strategy strives to achieve an information ratio of greater than 1.
Investment Universe
Typically invests in the same sectors represented by the Barclays U.S. Aggregate Bond Index, as well as high yield (20%), emerging market debt (10%) and non-US Dollar exposure (10%).
Core Plus Opportunities
Objective
Core Plus Opportunities seeks to outperform the benchmark by eliminating or reducing uncompensated risk while opportunistically allocating investments across a range of core and off-benchmark sectors. The strategy strives to achieve an information ratio of greater than 1.
Investment Universe
Typically invests in the same sectors represented by the Barclays U.S. Aggregate Bond Index, as well as high yield including bank loans (30%), emerging market sovereigns and corporates (10%) and non-US Dollar exposure (10%).
Structured Product Opportunities
Objective
Structured Product Opportunities is unconstrained, seeking to outperform Libor through top-down analysis and bottom-up security selection.
Investment Universe
Typically invests in securitized assets, including agency and non-agency mortgage-backed securities (MBS), asset-backed securities (ABS) and commercial mortgage-backed securities (CMBS).
Structured Product Total Return
Objective
Structured Product Total Return seeks to outperform the benchmark through top-down analysis and bottom-up security selection.
Investment Universe
Typically invests in securitized assets, including agency and non-agency mortgage-backed securities (MBS), asset-backed securities (ABS) and commercial mortgage-backed securities (CMBS).
Strategic Bond
Objective
Strategic Bond seeks to exploit opportunities in the global fixed income markets through a process of multi-sector asset allocation to achieve the highest absolute and risk adjusted return.
Investment Universe
Typically invests in a diversified portfolio of debt or debt-related securities in sovereign, and securitized and credit assets to mitigate risk.
