Most clients have specific return requirements and/or a low tolerance for the loss of principal. For these clients, we develop and stress-test model portfolios that we believe have a high probability of meeting their goals. Such portfolios are benchmarked against either a target return above the Consumer Price Index (CPI) or a fixed target.

Clients can choose between:

     A separate account portfolio product that utilizes futures and 
       options to control interest rate exposure

 Recognizing that each client is different, we draw from a wide spectrum of fixed income investment approaches and investment vehicles to customize client-specific solutions.

Sources of return include: Credit risk management Duration management Term structure of interest rates Volatility Sector rotation Liquidity

Investment vehicles include: U.S. Treasuries and stripped treasuries Inflation-linked bonds Developed and emerging market sovereigns Corporate bonds, including high yields Collateralized Mortgage Obligations, Commercial Mortgage-Backed Securities Interest rate and commodity futures; options on futures; index swaps Currencies

Short Duration Plus

Core Plus