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Global Fixed Income Investment-Grade

Global Fixed Income Investment-Grade

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Team Introduction

Global Fixed Income Introduction Video

Key Stats

Strategy Profile
Inception Date
July 1, 1992
Strategy AUM ($M)
$7,850.6
Avg. Quality1
AA-
Current Yield (%)
4.39

Strategy Overview

The Global Fixed Income strategy seeks global bond investments offering the best combination, in our view, of high real yield and attractive fundamentals given our macroeconomic outlook. This value-based, investment grade-only strategy maintains a primary focus on sovereign debt with a goal of unlocking the potential benefits of mean-reversion tendencies in interest rates and currency valuations. To avoid the inefficiencies of global bond benchmarks, the team takes a benchmark-agnostic approach that limits investment to only the 10-20 countries and currencies considered most attractive. For over two decades, the Global Fixed Income team has achieved its attractive risk-adjusted returns by implementing a process of country rotation through the broad global fixed income universe.