strength lies in our conservative approach to investing. Our goal is
to achieve superior performance and capital appreciation while
continuously managing and minimizing risk to preserve capital.
All bond portfolios are individually managed to suit specific client
needs and goals. Therefore, our first priority is to work closely with
our clients to clearly quantify and define investment objectives, assist
and/or determine appropriate investment policy, and select and/or create
benchmark performance indices.
Once the investment parameters have been determined, we can begin the
development and implementation of an investment strategy (both short
and long-term). Our investment strategy begins with fundamental
economic/business cycle analysis and research. From that, we derive our
overall market outlook, which is the foundation for all investment
strategies and decisions.
We employ "active" portfolio management and continuously monitor every
portfolio. Spreads in various markets are continuously monitored to find
"relative value" in the marketplace. Through a variety of strategies
(duration management, yield curve positioning, sector allocation,
intra-sector allocation, specific security selection), we strive to add
incremental value relative to the client's benchmark index and to outperform
with less volatility and less risk.