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Global Unconstrained Fixed Income

Global Unconstrained Fixed Income

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Team Introduction

Global Fixed Income Introduction Video

Strategy Introduction

Global Unconstrained Fixed Income Introduction Video Video

Key Stats

Strategy Profile
Inception Date
June 1, 2008
Strategy AUM ($M)
$2,232.8
Avg. Quality1
AA-
Current Yield (%)
5.07

Strategy Overview

The Global Unconstrained Fixed Income strategy seeks to generate positive absolute returns from global fixed income investments—regardless of market conditions—by employing long or short exposures in countries, currencies, sectors, and individual securities. This value-based strategy maintains a primary focus on global sovereign debt investments with a goal of unlocking the potential benefits of mean-reversion tendencies in interest rates and currency valuations. For over two decades, the Global Fixed Income team has achieved its risk-adjusted returns against global bond benchmarks by implementing a process of country rotation through the broad global fixed income universe. The Global Unconstrained Fixed Income strategy allows the investment team wide latitude and flexibility to generate alpha by taking long or short exposures in both investment-grade and non-investment-grade quality segments.