PPM America
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Public & Private Fixed Income
Who We Are
. One of the largest fixed income managers in the US, with approximately $97 billion of fixed income assets under management
. A premier provider of client-focused fixed income investment management with clients in the United States, the United Kingdom, and Asia
. An integrated team of professionals with specialist capabilities in a variety of fixed income assets and firm-wide disciplines of portfolio management and credit research
. A company equipped with multiple asset class capabilities to serve our clients, including public investment-grade and below investment-grade bonds, traditional private placements, bank loans, mortgage-backed securities, commercial mortgage-backed securities, and asset-backed securities
   
Investment Philosophy and Approach
. Team oriented approach consisting of top-down portfolio and risk management combined with fundamental, bottom-up research and asset allocation among multiple asset classes
. Asset allocation, sector selection, yield curve strategies, and fundamental credit selection strategies serve as key contributors to portfolio construction and investment results
. Longer-term focus and moderate risk-taking, without a reliance on interest rate forecasting
. Performance measurement and benchmarking using sophisticated quantitative tools versus broad and customized indices