Investment approach

Seeks to generate attractive, long-term total returns while focusing on principal preservation and mitigating drawdown risk by allocating across investment-grade and high-yield fixed income sectors. In addition to traditional corporate credit sectors, we also allocate to investment-grade private credit, structured products, commercial mortgage loans (CMLs), and actively manage interest rate risk. Our investment philosophy relies on a disciplined and scalable process that combines the team’s macro cross-sector relative value investment outlook with SIM's proprietary, fundamental credit research to construct diversified portfolios that achieve attractive risk-adjusted returns. While we manage to a longer investment horizon, our long-term target allocations are complemented with a tactical overlay intended to expose opportunities for repositioning in response to market conditions.

Benchmark

Bloomberg US Aggregate Bond Index

Number of investment professionals

41

Average years of experience

23 years

Lead portfolio managers (years of experience)

Justin Hook (16), Ken Yang (24)