Buy & maintain
An unwavering focus on credit quality
- Hold debt securities to maturity in order to accumulate carry return without incurring valuation risk (excepting default risk)
- Build a bond portfolio that is in sync with investors’ constraints
- Actively manage credit default risk of securities in view to holding them to maturity
- Conduct arbitrage and reinvestment with the goal of improving portfolio return
Our managers focus on securities offering the highest possible yield for a given credit risk objective.
Low Transaction Costs
Our team takes great care to avoid forced sales and to limit portfolio rotation in order to reduce transaction costs.
Our managers seek to minimise downside risks through broad diversification.