Inception Date
05.01.2011
05.01.2011
Investment Strategy
- Seeks to generate excess return versus the Bloomberg Barclays 1-3 Year U.S. Government/Credit Index by implementing a top-down, relative value process with top money managers
- Analysts create a portfolio that is optimally-positioned to take advantage of short term market dislocations and long term relative values
- Portfolio strives to generate consistent risk-adjusted returns while providing liquidity and capital preservation
Process
Macroeconomic Analysis
- Domestic and global economic conditions
- Monetary policy
- Fiscal policy
Market Outlook
- Inflation expectations
- Interest rates
- Yield curve shape
- Volatility
Portfolio Structure
- Duration positioning
- Yield curve segmentation
- Sector allocation
Manager Selection
- Initial screening requirements
- Manager search and selection process
- Ongoing monitoring
Management
