CORE
LIQUIDITY and SHORT DURATION
SPECIALIZED
Diversification, additional yield and capital efficiency
Targeted outcomes within constraints
• Credit
• Asset-backed securities
• High yield
• Municipals
• Cashflow-driven investment
• Rates
• Investment grade credit
• High yield
• Emerging market debt
• Municipal bonds
• Mortgage-backed securities
• Asset-backed securities
• Convertibles • FX • Fallen angels • Taxable municipals • High yield municipals • Emerging market local currency • Global fixed income • Structured credit
Manage cashflow and improve yields